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I am very happy for my brand new client who called me in a panic a few days before Thanksgiving needing financing because his other lender couldn't deliver what he needed. He is a builder in Los Angeles, well he was. ...
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Hi I'm 22 recent graduate, just started my career as an accountant, credit is in the 715-730s, no student loan. Is it possible to get 100% loan finance for an investment property, if so how do I go about it?
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Hey all, I was wondering if any of you guys in here are currently or have recently done any sub to / seller financing deals. If so, where/how did you find distressed and motivated sellers that were willing to do those...
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We are considering our next investment, and one of the things we've been thinking about is moving into multi-family / apartment buildings. There is a 5 unit building near us and I think the numbers are OK on it (not ...
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I have the opportunity to buy an old motel that is currently being run as month to month rentals. Cost is $1m and grosses about $300k-$350k per year. As for me...I have great credit (800 fico) but little cash (a...
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I am looking into buying some land through a low down, low monthly payment owner terms.Are there any creative finance strategies, to maybe have some cabins/mobiles/manufactured, etc., put on the property to help pay o...
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I am getting discouraged. I have a rental property in Texas that I would like to draw the equity from. I was told that I had to have two properties to do this.
So far I have tried a refinance (quicken loans) and was ...
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Hello, very new to flipping but I found a great deal and think now it’s the best time to start. The property will go into auction in a week. 10% down due on site and full payment required in 30 days SHOULD I SEEK OUT ...
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Hi BP,I'm looking to purchase a property (offer accepted at $485k) however the appraisal came in $30k under ($455k) which I'm unable to cover. The seller (so far) isn't budging and has refused to lower the purchase pr...
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What would you suggest, if a condo ( non-warrantable) can be finance through ARM or portfolio mortgage only.
What is good exist strategy if someone has to sell his non-warrantable condo in a emergency.
Thanks