Do we have any underwriters that can help? I have zero mortgages in my personal name, but I have a portfolio loan under my sole owned LLC, in which I'm NOT a personal guarantor. Because I have "ownership interest" ...
I am an experienced rehabber and flipper looking to start building cash flow with longer term holds on multifamily units. I believe I can raise about 500K plus some of my own funds to get started. If I function as th...
We're a property management company and a new client wanted to rent her current home and buy a new home. She did not qualify for the new loan without using the rent of the old house as income. Lender told her to get...
Anyone here know Homepath loan rules regarding owner-occupied when you already have income properties & 4 mortgages?
We recently moved for work, and want to purchase a Homepath Property to have the low 3% Owner O...
Hello Everyone. I have been trying to refinance a rural property for a month now. The original lender changed guidelines to where they no longer refinance Rural Properties. Anyone know of a Lender who is currently off...
for many of us, The Back-up Plan for short-term rental problems is to switch to long term rental. food for thought. They are projecting blood in the streets. All those travel and restaurant and Salon and other noness...
Hello BP Community,I'm going to place an offer on an investment property, but I need to secure a collaterized loan (2nd mortgage) on an existing investment property. I've already lined up the person who is willing to...
I put in a new basement carpet a bit over 10 years ago. I have had a couple different tenants since, the last for 6 years. When they moved out the carpet was pretty shot...but it is 10 years old. The entire house (3br...
Good Morning,I was doing some reading last night on various ways to get financing for properties ,a nd I came across a comparison of Getting a bank Loan vs a MortgageIt seems that a Bank Loan is the preferred method f...
Hey BP!If i have a private investor that is willing to lend me a down payment on a property how do you structure it to not consider it a silent second fraud? For instance, if a friend gave me 20,000 for a down payment...