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I have a situation where a client of mine has pristine credit and almost 700k to put down but can’t seem to get pre-approved on a loan for 1.5m due to she’s only been in her job for less than a year. This will be her ...
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I have a private investor who will provide the down payment for my first SFH investment property. I will manage and plan to refinance to get their money back. Planning on using conventional loan. Two questions: Is it ...
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Scenario is your buying and flipping a single family home. Banks are willing to give me around $70K for a conventional loan. I have excellent credit and a good job. I want 250K, If I took out a hard money loan, flipp...
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Good Morning BP,
Have a question about a house that I have under contract. It's an 1800 sq ft "on frame" modular. From what I have read, an "on frame" modular is essentially a Manufactured Home that is built to state...
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Hi, Question on whether or not we should apply for another HELOC and how that may affect our ability to refinance into a conventional loan later on.We currently have a $150000 HELOC based on a few rentals. A little ov...
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Do you know of a good real estate investor friendly lender for Hawaii? Also looking for volcano insurance for Big Island. Thanks!Justine
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Is it okay to buy pre-foreclosure homes? The home is relatively new so I’m not too worried about the damage inside (hopefully). Yet to see home though what would be challenges in going through conventional loan? Would...
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To take advantage of the maximum amount of conventional mortgages, my wife and I should only place properties in one of our names and not both? So we can double?
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Hey BP ,
I need some help figuring out how to purchase a property. I received an off-market deal from a wholesaler who is trying to close within 30 days. I am trying to purchase this home for myself and would have l...
Hi BP,Heres my question..i am being told by a lender that in order to refi from a VA loan to conventional the change in loans will have to be beneficial to me..in other words the loan should have a "shorter term and /...