John Park
Are the Condo Fees Too Expensive? - First Time Homebuyer Advice
Hello,
Not sure if i'm in the right place, but any help is appreciated. I'm a first time home buyer, looking for a condo for primary residence. I was interested this place:
https://www.zillow.com/homedetails/12...
Steve Newsom
Fannie Mae 5-10 Financed Property Lending
Has anyone worked with a lender who has successfully used Fannie Mae's 5-10 program in California or else where.
Ralph R.
Question about refinancincing my primary residence loan
Hello all. I have several rentals, some (Most) financed through portfolio loans, and a couple through conventional and one seller finance loans. My primary is one of the conventional loans. Its a 15 year note, rem...
Ansar El Muhammad
QUESTION FOR ATLANTA AREA LENDERS
ME AND MY WIFE WOULD LIKE TO SELL OUR PRIMAIRY RESIDENCE IN CALIFORNIA , TAKE THE EQUITY AND PURCHASE ANOTHER PRIMAIRY IN ATLANTA GEORGIA. I PLAN ON PUTTING 25% DOWN AND HAVING CASH RESERVES. I AM ALSO A SELF EMPLOYE...
Account Closed
getting loans
Greetings All,
Quick question. If a bank qualifies me for a single 300-400k loan, would I be able to get 3-4 100k loans based on the initial qualification amount?
Mark Hu
What kind of reserves do banks want property owner to have?
Assuming one has 3 properties, each worth @ 1 million each, with a mortgage of 400k each. 1 building is fairly new, and 2 are older buildings. What kind of cash reserves would a typical bank want you to keep? Espec...
Brad Roche
Using a No-Ratio Loan to buy a Primary Residence
What is a no-ratio loan? Much like a DSCR loan for an investment property- a no ratio loan does not look at your Debt-to-income ratio (DTI). They are mainly focused on your credit score and cash reserves. This is a gr...
Brad Simmons
Security deposits, cash reserves, syndication payouts, etc.
Several related questions...Are security deposits considered income when determining NOI? Are they expenses when they are returned? When you buy a property, should the seller turn over those deposits in cash after the...
Jason Pavloff
Help/advice.. Having problems with my second real estate purchase
Ok.. So I've read a few real estate book, I'm no pro and yet obviously, and the advise I get from people in the industry hasn't been 100% true. My problem, I'm trying to prepare myself for my second buy and hold multi...
Amy Dan
Cash-out Refinance or HELOC
Hi, everybody. I am Amy.I and my husband Ray live in Broward County, South Florida. We are thinking purchasing our first rental property within next six to nine months. The price of the homes down here went up a lot i...