I had a whole Analysis typed out but my wifi cut out so I've retyped a summed up version. Hope it's still enough info to give advice. Basically I have 3 homes. Home 1 has a mortgage 5.25% and cash flows so I don't nee...
Hello All,
I plan to buy my first rental property but I need to figure out some financial nuances first.
Initially I was thinking of buying it with my own cash + money from HELOC on my primary residence...
Hey everybody just wanted some thoughts on my chances of getting conventional financing for an investment property. I know just go ask the bank or lender right? Well I like to ellude that I already have a VA loan on m...
Freddie Mac’s website explains the Homepossible mortgage as “A responsible, low down payment mortgage option for first-time homebuyers and low- and moderate income borrowers”. What Freddie fails to explain is how gr...
Quick back story: I am helping a client find a new lease. Their current building is not renewing leases for whatever reason and so now my client who just gained citizenship last year and his wife, a victim of identity...
What tips/suggestions do you guys have for getting approved for a loan with most of my income coming from commissions on a job I’ve had just over a year?My situation: between my wife and I our income is about $4200 a ...
Anybody know "Lender" Douglas Dorsey Lyons & Partners from Oakland?Several weeks ago I posted on Bigger Pockets in search of a private loan for one of my associates.Several people responded; one of them being Doug...
Hi, I am a 24 y/o from KY and have been thinking about getting into real estate. I work full time and have saved up almost 70,000 in a savings account that is not earning much interest and I think I should put that mo...
Most investors, bankers, and real estate agents I talk to adamantly argue that you should use a local lender for your real estate deals, but their arguments tend to be things like they know the market and you can meet...
I am looking to acquire a $500k 6 unit apartment building. One of the options to purchase the property it through owner financing ($2,300-$2,400 per month for 20 years 0% loan). If I purchase the apartment building us...