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I bought a Loan signing course in October 2017. I'm measuring whether to start it this year. I am weighing a few options to pay down debt and save for property. With rates looking like they may be on the rise etc ( Sa...
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Hi BP community, I wonder if anyone has experience with https://www.velocitymortgage.c... or https://www.foacommercial.com. I'm planning to take a blanket loan for my single family investment properties. I have 3 prop...
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Has anyone succesfully gotten a DSCR loan on a SFR in an appreciating market (high cost of living), i.e. Bay Area, Los Angeles?The DSCR loan is predicated on the cash flow covering the debt service, but that seems ver...
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Hey! Is it best to work with a loan officer??What are the pros and cons?What are my other options?
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I am looking at purchasing two 3-unit townhouses as a package deal. Each townhouse is $90,000 each, for a total of $180,000. I am going to get a separate mortgage note for each property.
I talked to a bank the other...
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Hi everyone, I am a house flipper hoping to segue into rental properties in the near future in hopes of earning cash flow. I have short term goals of house hacking a fourplex, and long term goals of owning larger apa...
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I have a promissory note on my SDIRA that's maturing on the 25th. It's invested on a flipping company in Florida for 11 percent interest. My question is what do you think is a better investment, a flip company or a m...
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I'm a new investor and am working toward my first non-performing note deal, but of course it's not straight forward. The numbers work for me and I'm working through my due diligence, but I won't be speaking with my a...
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Is it me or is finding an agent that can go to bat for veterans using VA loans almost impossible? I've been through 2 agents now and both I had to teach the basics of how the VA loan works and why I would make it my p...
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I'm a new investor in the Central Florida Area. I'm looking for opinions on whether I should use a mortgage broker or direct lender, in order to finance my first deal. My final goal is to get a good deal and service w...