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Does anyone have experience with the BRRRR loans? I am curious if anyone is using this product to build their portfolio. What is the time period required before refinancing? How do you determine the rehab budget with ...
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I am really struggling to find somebody that will do 10% down on a second home mortgage in Minnesota. Best I can find in the current market is 15%. Anybody have a lead on a lender licensed in Minnesota that will do th...
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I recently met with a lender and this topic came up. The lender recommended I do not start with a single family home because it will raise questions from lenders when it comes to house hacking my second home. Lenders ...
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I am purchasing my first investment property out in Cleveland and need some help figuring out the financing portion. I have the necessary income and credit, but am a little lost on what types of loan products and whic...
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David Greene mentioned a DSR loan in one of his recent youtube videos which I've never heard of. If I understood it correctly-it's simply a loan that does not use your W2 to qualify but the lender would look at the pr...
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Hi, whoever might see this. I'm a freshman in college and starting off as a realtor (so any money I could possibly get helps). Foreclosure.com does an annual scholarship giveaway based on the topics they want to be an...
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Anyone have thoughts, good or bad, on this new offering.
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I'm looking at an off market 5 unit in the Chicagoland suburbs with a very low NOI, the landlord owns the property free and clear and has not raised rents in years, I've offered seller financing and they do not want t...
Would a home buyer still be eligible for HomeStyle loan or 203K if even if they are not a first time buyer?
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Hello - I was approach by one of my lenders with a new product. It is a 40 year fixed rate loan with the first 10 years interest only and then it turns into a traditional 30 year amortized loan. The idea behind this i...