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I’m hoping someone can give me a clear answer on this. I have a SFR that I’m starting a cash out refi on. I bought and fixed the property with a HML 9 months ago. After submitting documents to my loan officer, he e...
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I started working on the biggest deal of my life last August. At last it's almost a done deal. This is fantastic!
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Should I use a home equity line of credit or an home equity loan to purchase a new rent home? I own my current home outright and its valued at about $117k. Any suggestions??
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Question for Hard Money Lenders:I currently invest with a hard money lender where when the deal is done I end up with 14%-18% annualized return on my money. The way the lender structures his deals is he lends purchase...
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We are wanting to pull some equity out of our rental unit to use as a down payment on a second property. We are having some difficulty finding lenders that will do a HELOC on our investment property. We have contacted...
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I'm to the point in my business where I need to start talking to investors. I'm wondering what a good starting point, as far as terms, would be?
I'm thinking that I would like to offer 10% of the loan amount and o...
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I have an offer in on what appears to be a very good commercial deal that I'm getting at a solid discount and would like to fix up some, fill 1 of the 3 spaces available (after a rehab) and put back on the market, ful...
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Hi newbie here. I’m wanting to buy a 6 plex but banks are not willing to finance the deal. I was offered money from a private money lender who wanted 40% down, interest only at 9% and $9000 fee. I’ve often heard the t...
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Looking to do refinance on my 4plex 75% LTV. Best rate I have found is 30 year fixed 4.75 interest rate. Also interested in interest only mortgages. I have good income and credit. Does anyone have any suggestions?
I made a post a few months ago asking for advice on how to fund my first rental. Since then I have refinanced my personal mortgage to a conventional loan instead of an FHA loan. Now that I have a conventional loan I c...