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Hi everyone! My buddy just scored a super awesome property that has the potential for some serious value add. it is a 3000 square-foot 2 bed 2.5 bath house they want to turn into a 3/3. To do everything they want is...
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Hi everyone. Let me start off by stating my current situation: my current position at my company is stressful so I’m looking to move to a less expensive city so I can switch careers to something I’m more passionate a...
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Hello!
So with the saying "great deals will make money come to you" how exactly do you go about getting the funding approved through a conventional loan if there are no gifts or erratic funds dropped into your accou...
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Hello! Newbie here! I'm a little confused with how HELOC or Refinancing works when it comes to taking Equity out to use as a downpayment for a 2nd or a next property for investment.Can someone please explain to me wit...
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This may be a rudimentary question, but if you own your primary residence outright, is it a good idea to pull out at HELOC on your home so you can acquire property, rather than going with the traditional loan or a har...
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I’m looking to purchase my first property this year. I was leaning towards a cashout refi due to the locked in interest rate. But am now wondering if a HELOC would be the better option. How much ch does the interest r...
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When it comes to pre-approvals, is the amount of the approval normally included?? If not, will the lender still accept it?? Doesn't having the pre-approval amount noted eat away at the negotiation??
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Good afternoon everyone, As I progress through my preparation for my first OOS purchase I'm convinced I want to BRRRR. Just got back from Indy a couple of weeks ago,. I feel good about the city, future, numbers, team ...
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Someone I know is looking to purchase a 3 family for 100% financing...no doc, is this possible? Eith all the mortgage regulations going on, I don't think so.
Also, this person said the the purpose for them purchasin...
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It would be helpful to me at this time, to have about $25K in working capital for work on one of my multi-family properties. This relative to my situation, is a super modest amount of funds. It probably be best as a f...