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28 February 2024 | 12 replies
Problem is, the lenders my Realtor has done business with will not do a loan for a studio.
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28 February 2024 | 3 replies
@Daniel Loane - who told you that you can't submit the rental registration?
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28 February 2024 | 4 replies
It will be important in the long run.Otherwise, the differences will be along the lines of types of loans.
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29 February 2024 | 28 replies
Use a "primary residence" renovation loan (Homestyle, 203K, ChoiceRenovation, VA or USDA) and buy a fixer upper.
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28 February 2024 | 4 replies
Some banks may only loan based on the value of the land.
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27 February 2024 | 4 replies
The loan will be due end of the 5th year.
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28 February 2024 | 0 replies
It does seem that higher rates are reducing demand for loans, which is driving up home inventory which could - I stress could - suppress home price growth.
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26 February 2024 | 2 replies
The comps are between $118-$141/sqft, but it was purchased at $148/sqft.The loan is assumable at 2.75% rate ($139,383 principal remaining) but will cost $900 application fee and between 1-5% of purchase price (assuming 2.5%).
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27 February 2024 | 3 replies
Looking to collaborate with a few lenders on loans in the GA area.
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29 February 2024 | 35 replies
If I do buy it I’m planning to use my business LOC for renovations or possibly getting a hard money loan.