So I heard you can't get a mortgage without a job. Isn't that illegal discrimination?
Currently interested in seeing if anyone has a lender that they use for DSCR first or second lien positions. I know a few lenders go down to 0.75 DSCR but what about a true 0?
A brief overview.40-year old S-Corp with a stable history and no past financial problems. Assets: $700K-$1M. Debts: Zero. Vast majority of assets are commercial, with less than 10% SFR. Clean, complete books and a...
I have people interested in me building them a home and then seller financing the home to them.I'm open to that but I've just never done any private lending, so I'm unsure about terms and rates.Are loans like these ty...
Hi,I am new to the bigger pockets community and have found someone that is willing to loan us money based on these terms:Loan Amount: $1,000,000.00Loan Duration: 20 years. Type of Repayment: Interest Only Monthly Pay...
Hey all!First post here but have been lurking for a while. I purchased a fully renovated, turnkey triplex at the beginning of June and it's my first and only property so far. I inherited a 1 BR with a great tenant who...
I have a 401k with a previous employer that will allow me to take a loan against. The company is a large multinational that is unlikely to change plans suddenly or be bought out.
I would be looking for conventional ...
I went to school and earned two engineering degrees (BS and MS). Then, being the glutton for punishment I am, I continued on to law school. This was not a series of random choices. Rather, there was a method to the ma...
Hey, everyone. I own five acres of land that is paid off. Nothing is build on the land. The value around $20k according to the local tax office. Can I use it as colleterial for a loan to add to the down payment amount...
With tighter mortgage lending rules coming next year, what's everybody thoughts about this and are you doing anything to prepare for this?
Apparently, as of today, my broker told me that he was able to get so...