Ivan May
DSCR refinance 80 or 85% LTV
Has anyone worked with DSCR lenders providing this kind of product? I see a lot of 70-75% LTV, but I thought I would ask.Thanks in advance!
Anthony W.
Getting Started/ Shaking off analysis paralysis
Question: What are your thoughts on taking out a personal loan to get started in buying properties? I have been going back and forth with myself on this issue. Thanks in advance.
Robin Simon
Latest BP Article: 8 More Commonly Asked Questions and Answers to DSCR Loans
Check out My Latest DSCR Loans FAQ Article for BP! Crafted the FAQs and Answers based on some common questions I've seen here in this forum, hopefully this can continue to help educate on the product!https://www.bigg...
Jan Kutrzeba
Financing fell through last minute - how can I save the deal?
Hi BP,My lender (a local bank in PA) pulled out only a couple of days before closing. Underwriting said our usable income is not sufficient for the bank to grant the loan.A mortgage officer from another bank is workin...
Matthew Otero
Can someone translate these lending terms?
I was wondering if anyone could break down an email I received from a commercial lender at a local bank. We asked about a business line of credit of possibly putting up some properties as collateral or maybe refinanci...
Dustin Sanders
Cash Out Refi w/o W-2…how the do you do this?!
I quit my W-2 and like many of you, I have solid equity with my portfolio now. How do I do a cash out refi now that I am no longer working?Thanks in advance!
Richard Naimy
If I buy 2x 4 unit Apartments what is that considered?
Hello BP Community,If I buy 2x 4-unit MF apartments what is that considered? Resendital loan or do I need a Commercial loan?Thanks in advance!
Sam Howell
Looking to Buy a Second Quadriplex in Kansas City - Mortgage Rate and Loan Type Advic
Hi everyone,
I'm in the market to buy a quadriplex in the Kansas City area, priced at $450,000. I already have a primary residence and another quadriplex, so this would be my second rental property. I have an excelle...
Linda Labbe
hard money Lender needed
looking for a lender who will finance fix and flip loans and cash out refinance loans for foreign nationals in Ohio and Michigan. Thanks in advance for your help
Bobby Balow
Seeking advice! Financing issues with 2 SFH
Ran into an issue with financing. We got an offer accepted for 132K for two SFHs we plan to rent. Our lender won't do one blanket loan and with the required 20% down payment, it drops the value of each loan too low an...