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Everyone told me not to use WF. My bad.. The issue is unknown... they actually never bothered to notify me. My realtor did. I think it was because the loan amount is too low..22k. Waiting to hear Monday what they s...
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I have a condo I recently acquired that I own outright. I am wanting to pull cash out of it. My issue I am running into is I recently switched into real estate full time so I do not have a w2. My credit is good/excel...
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I am looking at buying my first rental property and debating between a single family or VR. I would appreciate any advice anyone can give on benefits of one over the other. based on my initial evaluations it looks l...
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Can anyone provide recommendations for a lender that will do a cash out refinance for a property that was purchased and rehabbed in all cash and has been owned for less than 6 months? The property is in Atlanta, GA.T...
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Hi!,Most of HML doesn't have prepayment penalty , does that mean i can refinance to a traditional loan after all repairs are done ? ( within few months or so) .Would love to hear your opinions . Thank you so much
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I've gotten mixed information from conventional lenders in terms of being able to refinance a cash or hard money property. My intent is to use the hard money loan for the acquisition of distressed, non conventional qu...
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Hello everyone,
I just wanted to share with you all the new investment property I just locked up yesterday. Here are the figures:
ARV $98,000-$106,000
Repairs $6,000
Purchased For $45,900
Average Rent Range $900 mon...
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I am buying a vocational property in Scottsdale, AZ. I am planning to rent it out either seasonally (3-6 months), or daily (VRBO). Any suggestion of good websites that would help me rent it out seasonally? I think I s...
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At what point can you sell a multifamily property after buy rehab rent? Is there seasoning buyers require? Thanks!
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Hey everyone, very common question but I'm looking for a local bank/credit union that will do two things for me: A. Cash out refinance to 75% ARV with less than six months seasoning. B. Lend into LLC name with persona...