Jeffrey Naeger
Investment Property and refi
Hi all. Thank you for any and all advice. I could really use it. Me and a business partner bought a house with a hard money. There is no lien on the mortgage, the house is in Corpus Christi Texas. We rehabbed the prop...
Andrew Hinspater
DSCR Loans for Properties Worth Under 50K Each
Good evening to everyone! I'll keep this post short and sweet: We are currently buying two properties under 50K each, but total purchase price for both properties would be 80K. Unfortunately, we have seen that many le...
Karl Pierre
Cash out Refinance Lenders For Investors Needed For Max LTV
Hi,I am writing to find a lender for max LTV cash out on investment rental properties in New York & New Jersey. I would like options for recently purchased properties with no seasoning periods and options for pr...
Anthony Sasso
The Villages, FL - 80/20 rule (80% 55+)
Hello,My wife and I are considering a purchase of a property in The Villages, FL but both of us are < 55 years old. From this post we are hoping:1. To find a link to information regarding the 80/20 rule and how it...
Melanie Armstrong
PLEASE HELP!!Prequalified buyer with unseasoned property!
Is there a way to purchase or transfer a home without losing seasoning? I want to purchase a property. The property that I want to purchase would need rehabbed.I have a pre qualified buyer but the lender is requesting...
Andrew Bosco
New to Real Estate Investing and possibly frustrated?
Hey all! Introducing myself here; I am a former biotech scientist turned to real estate professional. I interact with first time house hackers / seasoned investors on a daily basis. Wanna know what they have in common...
JD Martin
Experienced STR owners - is "some" money always better than "no" money?
Good morning all!I was having a conversation with another investor a few days ago regarding short term rental occupancies and rates. In some areas right now it appears that bookings are "down", at least compared to th...
Season Price
If you only had $500 to start your RE investing
Hi, everyone! I was sitting around with a few members of a Meetup group I am in. The question was asked "if you only had $500 to start your first business, how would you use the money?" So, I thought it would be an in...
Doron Rice
Lender doesn’t allow down payment money to be a gift
Hi,After contacting a few lenders I’ve realized that the down payment money can’t be a gift. Does anyone have an idea how rigid is this rule and if there is a way to work around it. I did receive funds from my parents...
Dushyanth Hegde
Looking for advice on cash-out refi options
Hey BP Community,
I'm looking for some advice on a situation I'm currently in. I recently purchased a 3B,1B fixer upper towards the end of July, 2023 in Columbus, OH and the renovations are almost complete as of toda...