Sam T.
Using FHA for "primary residence" and later renting it out?
I understand that FHA loans are only allowed to be used on a primary residence, so I'm wondering if there's anything illegal about getting a 3.5% down FHA loan and moving into the property, then eventually moving out ...
Lateeka A.
Hard Money Lenders hard to come by... Creative funding options???
As a beginner without the financial support of "family or friends" (F&F), I've noticed many investors and gurus make the suggestion of using family and friends while watching a webinar, youtube video or listening ...
Matthew Horstmyer
Using VA Loan 2nd Time
Rundown: I own two homes. One is my primary residence purchased using the VA loan in 2019. The second home is my first rental using a conventional loan for an investment property. I’m separating from service next sum...
Patrick Thomas Dickinson
Financing my next down payment for my next property
Okay here's my financial story in a nutshell. I am trying to scale quicker as most of us are.
I own 2 rentals and I'm trying to buy another one.
Spoke with my lender the other day he said my DTI was 2 percent. My ...
Shawn Skaggs
Best way to structure HELOC loan
I am setting up a HELOC on my personal residence to use for RE Investing. I currently have one multi family property that I bought to buy and hold and want to continue that strategy. The line will be for $100k and s...
Dennis Byrne
Investing with a Heloc on a primary residence
New guy here looking for advice on investing using a Heloc.. I apologize up front for being so wordy, but it's the only way I could get all my questions/concerns out...
I currently own 2 investment properties and I'm...
Samson Tefera
Hard money and concern
I took out a 1 year hml on my second flip, thought the project would take 3 months to complete, instead it took 6 months and I will be listing the property for sale shortly.I am concerned as to what would happen if I ...
Amy Webber
Review/Critique multiple property purchase - Greenville, SC
Thank you in advance for comments and advice. Sorry for the long post but wanted to make sure I had all the information in there for review - Thanks!Package Purchase Price - $385kSFR Brick Ranch @ 40kDuplexes 3 (6 uni...
Constancia R.
Loan ideas needed, big fixer-upper
LOAN IDEAS NEEDED. We have the opportunity to purchase for 96K a home with an ARV of 200K. The things we'd have to hire out are roofing, insulation and electrical.What we'd like to complete ourselves are siding, floor...
Ashly B.
Can I cash out refi to commercial loan and then refi back?
Quick version: Can I cash out refi to a commercial loan and then refi back to a conventional mortgage? Realizing the obvious spending of closing costs, are there other down sides or obstacles preventing me from doing ...