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Hi All! I am working on a subto deal where we would take over the first mortgage on a ST rental property but would need a lender to finance the equity on the house. Is this possible? I spoke with my lender who obviou...
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I made an appointment to pre-qualify with a mortgage broker to purchase investment property. On my own credits, I qualify for $260,000 loan at 5%APR and 25% down payment.
I have a private investor lined out ...
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My friend has a property he is rehabbing in Detroit and we are at seeing if there is other options to refinance other than private lender. Is there a bank or CU that will refi without seasoning period? Or is that even...
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Hey guys, Over the past month I've purchased 2 properties, one SFH for me to live in and one Duplex where I can rent out both units. I financed both properties through Chase. The SFH I had to had my mother cosign sinc...
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As I continue my real estate investing journey, I am considering the option of turning to family and or friends for a down payment loan and in turn offering them something in return i.e. a fair interest rate. I have h...
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So I've been working under an investor/mentor who does an average of 30 flips in the LA/OC markets a year. I've learned the ins and outs to a flip and what it takes to be successful in real estate. I've listened to ma...
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Facts:Am a foreign national, currently I own 4 properties in several countries through a friendly foreign lender (HSBC).I Have recently reached the HSBC limit of 4 mortgages after a recent purchase of property.I am no...
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I have a possible investor who may be willing to fund my deals. He would be strictly a passive financial investor. We can work out the terms that benefit us both. But how does he manage his risk? In other words, w...
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I'm just starting out so I don't have a ton of cash. Is it possible to get a seller to 100% owner finance or contract for deed? How do I approach this situation?
I don't have much experience being a landlord but I u...
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Hey everyone! Currently under contract for a SFR that will be an investment property (first investment property) For those that have some experience I’d appreciate some advice! Purchase price is $60k light to medium r...