Okay so I am an amateur and this will sound amateurish. I'm looking to buy a home to flip in Michigan. Piece of crap preferably. (There is a 6 month redemption period). I am a contractor and can do alot of the work my...
I've been doing some looking on LoopNet and saw some portfolio investments available.There's a portfolio available with 25 homes inside the portfolio. They are all 100% occupied and are generating an average of $1,000...
curious as to what kind of bank rates anyone has gotten in 2017? I got a loan with Capital One for my 2nd investment (closing in May) property, and it's 5%. Bought my first one 3 years ago and it's 4.6%. Need to know ...
Hello All,I have been doing research in order to start flipping homes.Can anyone offer some insight as to how private lending works.Terms?What are 4-12, 4-9, 3-6?What lenders do you usually use?How many lenders are y...
I am looking a 16000 SF building in a historic part of town. I am aware of the state and federal government offering developers tax credits for rehabilitation and preservation of certain buildings. This is one of thos...
Does anyone know if HELOC loans have to follow the same federal guidelines as traditional mortgages? Example - like income restrictions, debt to income, and various other restrictions. I would love to get a loan to pu...
Maybe it's just me, but I find the USDA website to be extremely complicated and full of contradictions. So if someone could help me out with this, I would be very grateful.
1) Does the USDA rural 0% down mortgage all...
I'm looking for some creative ways finance this deal. I have a 5,600 sqft farm house that currently coast $350,000. That rents out some units totaling $3800 monthly and brings another $2000 from the farm. This propert...
What are the requirements of CREDIT UNIONS for pre-approval for the following loans:
1.) Investment property
2.) Hard money loans
3.) Fix and flip loans
4.) Commercial hard money loan
5.) New construction loan
6...
Good Evening;
Has anyone had luck finding a lender willing to underwrite a heloc for non owner occupied investment property (1-4 units)
Any insight, comments, suggestions, recommendations, etc are much appreciated.
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