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I am seeking no-doc, cash-out refi on two properties that I own. I am looking for referrals and good recommendations. I have my mortgages with Chase and SPS and they don't do no-doc refinances and the few companies I ...
I have heard a lot of talk about unsecured lines of credit with no or very little documentation. Is all of this true or just busy bee talk? I am starting to look into the idea of obtaining a line of credit so that I c...
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I bought an investment property a year ago. I got a rate of 5.25, which I feel is too high. I've been looking into refinancing, but I keep hearing, "we only refinance primary residences." Could anyone please give me s...
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I'm asking this question because I run across a lot of private lenders requesting upfront admin fees. Is this the norm or are the ones I run across scam artist?
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The 5 Waves of the Commercial Lender Experience (for Investors):1️⃣ Initial Overview: you discover a lender and get the initial terms of their loan programs.2️⃣ Submit Application and Docs: use the lender’s applicatio...
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So, I live in Alabama, own and run a medium size rehab/remodel company. Found a house that is good pickings for a flip. Purchase price is 47k with around 25k of rehab. Using a hard money lender with 20% down. 12% inte...
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Hello, once we close a property using DSCR loan directly into multimember LLC. Can the ownership of the LLC where deed is held change to holding company owned by same members ?
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Can you I buy a multi family apartment using FHA loan, then a year later refinance out of that property and use another FHA loan to purchase another live in property.
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Looking to get a second lien DSCR loan on a single family long term rental I own in Arizona. The property cash flows well and has enough equity.
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Hi all,I've been pre-approved for an FHA for $250k for a SFH and ~$300k for a MFH. I've found one that I'm going to be making an offer on, it's listed at $229k, comps in the area are few and far between but the value ...