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Hello BP,I plan on purchasing my first property in the coming months and I was curious what mortgage companies have the best rates and are easy to deal with regarding conventional loans who are investor friendly. I've...
Hello All,
I have a question regarding margin loans.
Background:
My family owns about $40mm free and clear in multifamily (111 units - we live in a fast-growing metropolitan city). Recently, we sold our interest in...
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Hello everyone,I am about to close on my first property! We are very excited but I do have some questions for my next purchase. My lender ran this loan as a DSCR and my rate came back at 9.5! I was under the impressio...
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Anyone located in SLC area have a mortgage lender for a fourplex they have used and are happy with for conventional financing? Only refer someone if you've used them yourself or you've been part of the transaction and...
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Hello,
I currently own 3 SFH rental properties in Florida. I purchased them in cash, fixed them up and they have been rented for well over a year now.
I would like to do a cash-out refi, however, the banks I've spo...
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Just curious if you have tips on lending on multi-plexes. Seems like some lenders refuse to do investment mortgages outside of SFHs, and sometimes duplexes, and most seem to refuse to count future income, so even if I...
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My residence has grown about 150k in value since we bought it. Is it better to take out a line of credit against our residence or take out a conventional loan for a rental property. The house we live in is in my wife'...
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We have a once in a lifetime opportunity for a 50 unit deal, off market, two blocks from a college in West Virginia. Looking for NonQM, Non recourse, or Non conventional options to finance the deal? Would also like to...
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I understand the first half of this strategy... By buying a property in cash, it gives someone the upper-hand in negotiations vs someone using conventional financing. Then when the deal is done, refinance the property...
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Hi all.
I am looking for lenders that will finance properties 5+ that work in Virginia. I am having a pretty hard time finding any banks that will finance property #5, as we already have 4 financed properties.
Does ...