If you needed to finance $100,000 for an investment, which would you choose:a) A conventional loan at 4.25-4.50% for 30 yearsb) A loan from a family member for 0% interest, but have to pay $10,000-$15,000 back per yea...
Looking to get a conventional loan of 40-60k with 10% down on an investment property in IN or TN. Credit is 750+. Anyone know who would do this?
I am going to buy my first property and the bank approved $140K with 25% down. Loan amount will be $105K. But bank total charges will be $4,452.47 (1533.47 prepaid item and closing cost $2,919.00. Is this reasonable c...
Hi,Which is the best way for lending if I'm focused on SFR or multi family rentals? Do I develop a relationship with a local bank and get loans through them so that I won't have to worry about reaching a limit of loa...
Hello,I have a dilemma with obtaining a conventional mortgage with my partner. My partner and I are looking to start investing in non-owner occupied SFHs and have decided to go 50/50. We were initially planning to obt...
Will need 85K for a residential rehab project. Area comps are 130-140K. Strong credit, adequate reserves and impeccable track record. Please email or pm me for details...
I bought a single family house in Missouri for $30k cash. A month and $10k later it is worth ~$85k and rented out for $800/mo. I would like to tap that equity ASAP, then refinance into 30 year conventional after the 6...
Hi guys, I’m seventeen and trying to set myself up to easily buy a multifamily property before I am 20 within my college town (right now it looks like it may be either Daytona Beach or Jacksonville, FL). I was wonderi...
Hello,My GF is in a pretty frustrating situation with her current lender and I wanted to explain the situation to hopefully get some guidance on what she should do. She is currently in the process of a cash-out refina...
Hello, everyone, I need your help in analyzing my situation. I want to start buying deals, but I am a bit nervous to make a decision on choosing which financing route is the best for me as a novice investor, with a l...