Ellie Narie
Should I buy a triplex close by, or a fourplex further away?
I live in a small town and currently rent, so commuting to work is only a 5 minute drive, and everything is really close by (walmart within 5 minute drive). I can finally buy my first house and would like it to be a m...
Chris Lucas
LLC on title but personal mortgage?
Hello!I have seen some posts around this topic, but nothing that definitively answers my questions.I just talked with a lender that will provide a loan in my name, even if the title for the property holds the name of ...
Jake Walroth
Using traditional finance for a Homepath Property
Hey guys, I've got my eyes on a few Homepath Properties..... its still within the two weeks for owner occupents, but I'm wondering if anyone was ever used financing to purchase a Homepath Property. I know most probabl...
Robert Chiang
Loan Officer Request Questions- Are These Standard??
I'm getting prequalified for a loan at a large national bank. He requested for my pay stub, last 2 years tax returns, any applicable w2 and k1, and 2 months bank statement for source of down payment. This all seems ...
Corey Dutton
First Rehab Flip By Former Contractor
In the Spring of 2015, a newbie real estate flipper named Terry approached me for a loan on a rehab. Formerly a contractor, this real estate investor desired to enter the “flipping” space and had identified a great ca...
Lydia DeAngelo
Lender Verbiage Legitimate?
Hello, I have been reaching out to some ads I've seen about a loan. We are hoping to find something that will cover us quickly for about $30k at ideally between 3 - 5 year terms, not less than 2. I've gotten some resp...
Philip Klinck
Have you had to take a property back?
Anyone here had to take a house or commercial property back after doing a hard money loan?If so do you mind sharing the details?
Kent Harris
Why do I need to use Hard money?
I recently purchased a house for $120,000 in cash. The cost approach on the house is $185,000 after renovations. If I go through a conventional lender they are requiring me to use a hard money lender to renovate the h...
Huy Thai
EIDL Deposited 4/14/2020
I checked my bank account this morning and the EIDL grant was deposited. Of course it wasn't the full 10K like everyone is hoping, mine was 2K. Many will ask, but I signed up on the 29th directly from the SBA site. I...
Granville L.
Refinancing multiple paid off homes.
Hello All,I live in the Houston area and own a company called Galveston Co. Rentals. I have been buying homes since 2008. I have purchased over 25 but sold some along the way. Right now I am sitting on 20 paid off ...