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When looking to obtain "cash-out" refinancing on a 4-Unit Multifamily Property, how do lenders think through sizing the loan? Is it based on residential methodology (e.g. market comparables) or more so commercial meth...
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... it's what I'm doing trying to find the best rates and terms for a 1.5 commercial cash-out refi on a fully paid off mf in Brooklyn. LTV is less than 50% and my credit is solid. Is there a website that compares comm...
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BP Community,Any recommendations on reputable private money lenders (not hard money lenders) in the Houston area? Thanks in advance,Cameron
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hey BP!
I had a quick question about what my expectation should be around a cash out refi for my investment property. A lender I've worked with in the past for primary residence is quoting me for something like 6.5...
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Hello there! I’m new to Real Estate Investing and in the process of purchasing my first property. I came across a listing that I like and have a question about how the listing will be viewed from the Lender’s perspect...
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Hi everyone, trying to put together my first str deal and have some unique circumstances. Do either one of these types exist out there?
1. A lender that will qualify "rent-by-room" rental income. House hacking a sing...
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I currently have 10 Conventional mortgages and I was told that is the maximum Fannie Mae allows; so the big banks are not able to finance any new purchase. I have 2 houses (in Kansas City, MO) I had bought with cash a...
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Hi all,I've run into a situation where I have rehabbed a duplex in Newport, but when I went to a local bank, Heritage Bank, to do a cash out refi, their appraiser valued it based on other multi's that have sold recent...
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We just received lender's appraisal on the property we area selling. While the market is very hot in our area and houses are moving quickly, I am puzzled why comparable houses (number of bedrooms, bathrooms, total s...
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Currently shopping around for a convention loan for first home to house hack. Dealing with a mortgage broker and have reached out to my credit union, but looking for suggestions of trusty brokers that the community ha...