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So, my lender just indicated she could not issue a sellable mortgage with a seller carry-back involved...and further indicated that portfolio lending applies the same guidelines?...is this an institutional standard or...
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Hi everyone, Wanted to get some thought on who/where I might could do this. I've exhausted my loan options via unsecured and my bank has turned me down now. In fact 12 banks have turned me down. I've just finished ...
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I understand the difference between the two, just curious if there's a reason to choose one over another. Current mortgage is for $60k at around 3.5%. House was valued at $100k when I bought it a year ago. After $50k...
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Hey guys, so I currently have zero credit. Have yet to start building it. I am going to go on the loan with a partner later this year for my first property and want to have good enough credit to do my own deals someti...
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I'm having second thoughts on my B&H strategy and thinking of doing Fix and Flip instead. What do you think?My B&H strategy is as follows:I have a HELOC currently pending approval, when I get the funds I will ...
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I'm new into the real estate world. I recently graduated from college and a few weeks later started working at a real estate company in Tulsa, Ok. I became an agent so I can learn as much as possible about the industr...
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Is it better to buy an investment house using money from home equity or with your own money for a down payment? It looks to me the intrust rate is the same so I would just have 2 loan instead of 1 loan.
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Hey all!
My name is Abram Ylitalo. I'm here to network and get a little bit of advice from some professionals! I've written an entire thread in detail about my current financial situation and some questions. Th...
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Hello BP,I am a motivated young newbie entrepreneur. Although I have no previous REI experience, I do bring 10 years of sales/public service expertise to the table. I am currently in the tri-cities area in eastern WA,...
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I live in Virginia. I have 5 homes that I manage myself. I'll be getting my real estate license in a few months. My question is. Do I legally have to run my personal rental agreements through my brokerage and pay them...