Hi,I am a relatively new investor, I haven't closed my first deal yet. I am looking in my area to purchase a property using the FHA 203K loan as I don't have a ton of cash for a down payment.The issue that I am encoun...
Background: I am looking into using a VA loan to purchase a single-family home. I am hoping to help cover my mortgage with a couple roommates by using the house hacking strategy--not necessarily looking for any cash f...
Hello! Looking to connect with someone who is an expert in this type of loan. However all information on this topic is welcomed. Thank you all in advance and like always it's great to be here. :)
Does anyone have any experience with raising private money for STRs? I'm looking for a framework of terms and structure for this scenario. I have found a good amount of info on what that would look like with flips, ...
Here's my situation:
I have 2 rental properties.
The First is in Crestview FL with a long-term military tenant. Cashflows ~ $800 monthly. Mortgage is $180k. Home is worth $330k
The Second is a Townhome in a stude...
Hi Guys!
I am in the Chicagoland area and looking for a lender to refinance my home into an investment property. Any suggestions on who I should reach out to to start shopping around for best rates? I have talked wit...
Does anyone know of a lender who will work with us on getting a jumbo loan with 10% down. It is on Emerald Coast in FL. Price is 1.3M and would love to only put 10% down. A previous agent (3 years ago, in Oregon) talk...
Hi all,I've purchased properties subject to, and I understand how it works.I am currently looking at a deal where the sales price is $290K and there is an existing loan for $150K. The loan is fixed at 3% over 30 years...
Hello all,I've been retired for a couple years with no income coming in. I'm interested in purchasing a small multifamily - anywhere from 2-6 units.Is it possible of obtaining a loan with no income? My credit's been g...
Hi fellow investors,
I recently inherited a fully paid off investment property, I estimate it's worth $500k. It is currently cash flowing $1300 a month. I have student loan debt from grad school with a balance of $16...