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Anyone have experience with Cadence bank? More specifically they’re Affordable Home Loan Program? They advertise:• A low down payment• Competitive, fixed rate - 3.875%• NO origination fee -- typically 1% of the loan a...
We have 5 properties and are getting ready to buy some more. If you have multiple properties what structure do you use to hold them? In other words do you have individual personal mortgages on each one, hold them al...
I owner financed a deal and never realized I might need to send an amortization schedule each year. Is there a law or some kind of requirement that one be sent to the borrower each year? I send 1098's but thats it.
Do these exists? I've talked to several banks and all I hear is we can do 30 amortization but will only do 5/10/15 year fixed. Are there 30 yr fixed mortgages for rental properties? What type of banks give those? H...
What's easier? 1. Having a flip house loan and adding a personal home loan? 2. Or having a personal home loan and adding a flip house loan? I want to buy a personal home with my wife, but should I do that when I don't...
Hello,
I'm running into an issue I think the community may be able to help guide me through.
I recently built a new SFH for the purpose of using it an an investment property.
My construction company runs out of ...
Hey BPer's,I need some insight from you more experienced investors. I have a foreclosure under contract in Michigan, a 4/2 that I'm going to owner occupy. The ARV looks to be around 155-165K, purchase price is 86K. Ne...
Hi BP!I liked reading the free "How to" guide and I thought I would also make a post and see if I get any responses. My name is Tyler and I am new to real estate andI live in the Detroit area. I enjoy learning as much...
Noticed that the principal portion of my mortgage payment went DOWN from Feb to Mar. Looked back over the last year and it kind of jumps around, not always continuously increasing. Called the bank, they said it was ...