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I am considering purchasing a 200K (have not found it yet) condo or close to the beach in St Petersburg area, financing 75%. I plan to use it as a vacation home but also as a short-term rental. The big question is wha...
If you know going in that the time on market could be as long as 4 months before you get a buyer, what are the odds that the bank could come back with an approval letter and want you to close before you have a buyer? ...
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Hi, we are considering buying a short sale that would be ~60k under market value with conventional financing (20% down, 30 year loan). The property is in great shape so we wouldn't need to put anymore money in to it....
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Does anyone know of any investor friendly banks in the New Orleans / Metairie area? I am looking to use the BRRRR strategy and I need a bank with a short or no seasoning period and of course a higher LTV limit.
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I am buying a house in Phoenix with my son and am wondering if anyone has any suggestions for a cash out refi vendor with a short seasoning period? We should have this renovation done in a couple of months and would l...
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Hi, I am learning about commercial loan terms and will meet with a lender on Monday. Hope someone could answer some basic questions I have!1. People on the forum mostly talk about short-term fixed rate loan for 5-7 yr...
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Just curious what other investors are doing regarding the short fixed interest period on commercial loans..
I suppose most would say that they wait to see what the market is doing at the time the variable interest r...
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Hi All,I am unable to find a definitive answer through FNMA guidelines and hope someone can shed some light.While going through a mortgage for an investment property, underwriter asked my dad to confirm that the forec...
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We put in our very first offer on an investment property here in Portland Maine. The property met our criteria perfectly so we went in strong with a full price cash offer. For reasons unknown to me, a different offe...
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According to some estimates, Amazon's HQ2 could bring in100s of thousands of jobs that will require residential andcommercial space as high paid workers need places to live,retail spaces to eat out at, hang out at, wo...