I'm wanting to get into PML. I understand the after repair LTV should be no more than 65-70%. But I'm more confused on the LTV prior to rehab. Let's say a property cost $300K and needs $150K for rehab so total cost $4...
How are you all refinancing with a bank a a lower rate if you have other mortgages and you dti is maxed out by their models?Do you know of an independent bank that gives reasonable rates and takes into account your re...
I currently have a rehab project underway and it's financed with a hard money lender. There is profit margin to be made if the project is completed but for various reasons, I need to liquidate my capital and can no lo...
Is one able to purchase their first residential property but not live there themselves? Is this possible?
I am new at real estate investing I will like to know what are the process to make a contract to star a process of buying a house. And where i can purchase a contract.
I'm currently negotiating with a bank on an REO. It's been on the market since April. The asking price is $75k. I offered $63k and included a list of repairs which total $52k. After a week they countered with $74k. I ...
Hello, I am in the middle is a cash-out refinance 80/20 LTV for a jumbo loan. My lender is asking for a letter describing the reasons for the cash-out refinance and what I plan to do with the money.
My plan is to i...
Help I am wholesaling a property I found I got the seller conetract signed but she has squaters at the property how do I get rid of them to close the deal
Hey everyone -I'm in the process of purchasing a home previously owned by opendoor. The selling price is $410,000 and they're willing to max out 3% of the home value for seller concessions ($12,300), but they are refu...
I just started a multi-member investment company with a partner for multi-family acquisition. There are a total of 2 people involved. I am wondering how to structure our bank account as an organization. Right now, we ...