I have a property that I purchased about a year ago and now my hard money loan is about to run out. What type of banks should I consider when refinancing out from under hard money to conventional? Any suggestions woul...
I was referred to the comercial dept for a cash out loan on my small SFH by a small town bank, because it is an investment. Is that normal? I am not an LLC, just an individual. should i pursue this bank or try another...
When you are purchasing a rental for the brrrr method. Can you use a conventional bank loan such as a 15 or 30 year loan instead of using a hard money loan or private money loan? Or is using loans with a quicker payba...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $205,000
Cash invested: $17,000
-Asking Price: $235,000
-Purchase Price: $205,000
-Appraisal Value: $218,500
My ...
6 months ago I purchased a home using an FHA loan. I am wanting to purchase an investment property in 6-8 months. I am probably going to do a conventional loan. I read that I will need to put 10% on the purchasing pri...
Currently in the market for about 6 months for a small multi-family 3-4 units, I’m pre-approved, and inventory is low. Since covid my loan officer has informed me that FHA now requires 12 months reserves for a 3-4 uni...
We've recently inherited some land in middle TN in an area where log cabins are very popular (it's not Gatlinburg, but a lake and camping community near Cookeville, TN). Our goal is to build a small log cabin on that ...
Anybody in Austin San Antonio or Waco investing in hotels? I'm seeing them move at cap rates north of 10% and occupancy seems to be almost back to pre-covid numbers (when they were moving at 5-6%).
Resources for eva...
Hey Yall, so we are trying to figure out if our next primary home is to expensive to buy in order to be wise and leverage our money and get more properties.Right now we are approved for 30 year conventional up to 4500...
I am currently in escrow for a property in southern california, and we are having trouble with the loan because this year I had to file an amendment on my taxes, and the amendment is still pending, and could be pendin...