Anita Morrish
Appraisal with cash out -advantages?
Not sure if this is the right forum but it's about a mortgage...so, we've lived in our house for 2 years. It's a new development and we know the starting selling prices on the houses have gone up since we moved in. We...
Dow Yang
FHA Loans better than Conventional Loans for rentals?
Let’s say for instance, I’m looking to buy a duplex that is $200k, I can either use a FHA loan 3.5% down or use a conventional loan with 20% down. Wouldn’t a FHA loan over the course of 1 year save me more money? In t...
Wesley Cook
We live in a paid for home, should we refi or new mortgage?
Hello, everyone! My wife and I have recently paid off our home and are really interested in getting started with investing in a rental property. We are currently leaning towards buying a duplex or a multi-unit prope...
Account Closed
portfolio lending on first property
I am looking for my first property in Chicago. To my understanding, conventional loans have lower interest rates, but you max out quickly your capacity to use conventional loans. With the idea that I'll need to go the...
Jeff Efird Jr
Looking for someone to help with investment loan/ capital
Looking to build multiple multi-family rentals and would like to know different options if getting funds besides using my own money. Any advice would be great.
Aakash Tandel
Newbie from Washington, D.C.
Hello Everybody, I am a new member from the Washington, D.C. area. I am a former real estate agent (worked for three years for a large team in D.C. as a buyers agent and went through 30+ transactions) and a current re...
Jay Holder
New Financing Question
Hi I received the below lender letter from a lender I am working with. My question as this is my first investment is if below are good terms. It is for a triplex that is fully rented out. It has rent of $2025 a mont...
Norman Bamford
title insurance problems
Ok So I finally took the plunge and bought my first flip. I have bought and renovated houses before but this was the first time that it was an intentional flip. I had my eye on this house for years and inquired many t...
Casavin May
Rent vs Buying your own property
So
I was watching a video of Grant Cardone recently and he advised against buying your own home. Instead, he prefers renting the placeyoudecide to take up residence. He basically advices against it because its money t...
Kyle P.
Online lenders vs local lenders for conventional loans
Hey all,I am looking to buy and move into a 2nd property (my first SFH will be turned into a rental). I am looking at some local brokers/banks and can get around 4% for a 30 yr conventional 5% downpayment. I am seeing...