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Hi, I am trying to get conventional bank financing for a 2-family investment property (NOT primary residence). I met with a local bank and am pre-approved. However I am finding that the good deals (foreclosures, ...
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Quick question, I'm currently going through the pre-approval process and I was told that it's required to be at a position for up to 6 months. I was just offered a new position and I'm on the fence to accept..would th...
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I'm at the re-fi stage of my first BRRRR property. I'd like to hear the community weigh in on something that came up at closing today.Working with a local bank...56K portfolio loan. One of the closing documents was ...
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I need some help and guidance on the following situation/ example pleaseBackground:1. An Estate Property - a property with 2 houses in an Estate in TN2. 2 Liens - a Nursing Home - and Federal back taxes* June of next ...
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Well - let's hope this isn't too complicated.I just acquired a large parcel in Sacramento, CA that is adjacent to several houses in a subdivision. Many of the houses have gates in their fences that open onto my proper...
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Hello, I am new to the site. I am a licesened Realtor in Virginia (currently inactive). I have had my license for a little over a year now, but due to a new baby I have not practiced much real estate. I am now ready t...
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I am currently in the eviction process w two problem tenants(separate units). They are on month-to-month rental agreements. They have both gone to housing inspector and I have received some violations. I always res...
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I have been invited to JV on an investment property using a DSCR loan, but I don't have enough cash on hand. Can I borrow money for the down payment and use it for the JV? If so, how would I need to structure the JV a...
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Just wondering what others are doing. Do you make offers without seeing the house, or do you make an appointment before throwing out numbers? Do you give the seller a ballpark estimate or range and then narrow it down...
I have a borrower (self-employed) who is purchasing a 640k property in Orlando area who has had to clear up unexpected conditions in order to obtain a loan commitment, but he has done what was needed and we're back on...