Hey guys,
My bank told me i can finance the rental property to 1-4 and 1-4 with a different bank.
the max financed properties fannie mae is 10, i believe
My goal is for next year 25 rental properties, how can I...
Hi! I’m connecting private money to an investor who needs $ to fund flip. How do you calculate your Finder fee, based on the projected ARV of the property? Or on the amount being loaned? When do you expect to receive...
Hey guys, so i have a 40 unit multi family building I was renovating. I got all the mechanicals inspected and passed. I had to go out the country for a while and long story short my credit plummeted. I'm wondering if...
First ever question so thank you in advance. CT resident looking to purchase an investment property around February 2023 . I want to use a 203k loan . Looking for property’s well under market value. 3-2-1 families all...
I've been asked to pay $1,365.00 for Appraisal fee, loan origination and processing fees before loan can be sent to underwriting. It's a 6 month fix and flip loan at 8.65% plus 3 points in and 2 out. It's my first dea...
I have a question, I'm closing on a flip next month and need help with my final buying costs based on my HUD. I've done the calculations, but my numbers don't add up. --------------------------------------------------...
I was approached with this concept recently. From my understanding, it sounds like you take out a life insurance policy and take out loans against it to fund your deals. I haven't heard it discussed on any of the Podc...
Hey everybody, I'm in southern Oklahoma, about an hour north of DFW. i have just gotten an acre under contract and want to do a one time close owner occupied construction loan. Looking for sub 10% down on this.. I kno...
Has anyone worked with DSCR lenders providing this kind of product? I see a lot of 70-75% LTV, but I thought I would ask.Thanks in advance!
what questions to ask? Thanks in advance!