Maximilian Glodde
Lending to my own business for flip
Hi, I am sure that this has come up before but couldn't find the exact answer I was looking for, so here goes.
My business partner and I are buying a flip (in our LLC's name) and I am providing the funds for the down...
Irina Sharp
Lending with student loans
Hi all,me and my husband have substantial student loans (over half a million). We are on a REPAY program where you only pay 10% of your discretionary income. We are looking to buy an investment property. We talked to ...
Shane Haas
Buying a forclosure cash with help from parents, then financing. Any complications?
Looking at purchasing a foreclosure cash (with help from parents), and then financing the home shortly after renovations are made. 3 questions: Are their issues with them giving me funds to assist with purchase? Will...
Rigo V.
hypothetical situation-Would a lender ever agree to this?
Hello everyone! Just thinking of a creative way to finance my first purchase! I was thinking of my ideal situation of how I can fund it and thought of this and was wondering if anyone can tell me if anyone would ever ...
Mackal Smith
About to Retire and Wondering about existing Commercial Loans
I have done pretty well with my investment portfolio so far. Over the past couple of years I have pulled together 15 units I own by myself in my company name (duplexes, triplex, and 4 plex) and I have another 10 units...
Chris Billington
Note servicer advice in Denver area
Two of our rentals have about 10 years left on them at 4.875% - refied 5 years ago on a 15 year term. These rentals have been in service for years and cash flow nicely. I recently set up a trust for my mother which no...
Michinori Kaneko
cashout refi vs HELOC on investment property
Hi all,There was a property i was hoping to perform a BRRRR strategy, but realized rent is not high enough to support mortgage on 75% LTV to yield enough positive cashflow after cashout refi. the cashflow is like $30...
Ethan Griffel
Deal analysis duplex with HELOC
Hey all! I'm in the process of finding my first deal! I'm likely planning to use a HELOC for the down payment. I've looked at probably 20 or more properties and when I calculate the HELOC payments into my numbers most...
Jeremy Kuchenbecker
Florida - Rental HELOCs
I called over 50 lenders in Florida and found 2 that actually offered HELOCs on investment:Spacecoast CU and USF CUNot precise but Spacecoast had 2 programs - total closing costs around $350 w/ desktop appraisal (add...
Po Chan
DSCR Loan pegged on PITIA
Does anyone out there know if there is a DSCR loan that has its repayment amount based on cash flow of the property? I am talking about something like ARM loan, but instead of having floating interest rate pegged o...