With Freddie and now Fannie updating seasoning requirements to 12 months, are there any other options apart from a non-qm/dscr loan? Im a newbie and have been building the start of my business to purchase my first BRR...
New to this. I have a copy of estimated settlement costs. When should I get the final copy, at settlement?
What legal documents do I have to sign at settlement? So far all I have is an estimated settlement cost pa...
Hi all!It appears to be a shortage of Lenders (GA) that I'm finding that have the Fannie Mae Homestyle product. I was looking at homes on Fannie Mae Homepath and I'm interested in buying a fixer upper. In comparison t...
Can their be legal recourse against a lender who preapproves a loan and then later deny the loan after I have entered into a ratified contract?I am finally in the process of purchasing my first real investment propert...
Does anyone know what CBC Innovis or Nova Home Loans are? They've shown up on my credit report as a hard hit / search and I believe it is pulling my rating down. I am trying to do a deal and it is impeeding the proces...
I am hoping to find a connection with commercial lender that will fund, new build modular construction. We have vetted the builder, walked through their factory, systems and processes and seen the final product rented...
I did it! I finally made my first purchase and I did good.Earlier this month I closed on my first property 3bdrm 1bath with a full unfinished basement in a desirable sub-division.Numbers?$72,000 Purchase Price$5,50...
Hello BP community, I finally bought my first duplex thanks to my phenomenal realtor Adam King in July 2024. I am currently working on phase 2; building 2 ADUs.The permits are already in the works but the biggest ques...
So I know a guy who is interested in working a deal out with me on this property, as long as we can both profit from it. Here are the details:-He owns the lot free and clear (existing single-family house on it with re...
Howdy!Does anyone have any experience with a renovation loan? My contractor completed the work, but the bank is stalling the final payment. They want to see a certificate of occupancy, which I am told only applies for...