Just a quick question I was hoping someone could answer. I cant seem to find the answer without contacting a loan officer. Im a few months into a owner financed single family home here in Oregon. We will hold this hom...
Hello everyone my name is chibueze but i go by chip, I am fairly new to real estate my wife and I just purchased our first home and working on the second.The second property will be listed as a second home to get a b...
I need to borrow $50,000 from my brother for about 2 weeks. Do I need to report it ? Or can he give me 3 deposits
Hello gents!I’m starting my journey into investing in real estate. My idea, together with a partner, is to use the DSCR loans to buy different properties in the midwest. Talking with a lender he told me its not possib...
The Arrangement*Jack* and I met a few weeks ago, have a lot in common, and want to flip a house and share the profits 50/50. Once we find a deal, Jack will coordinate the rehab and I'll continue working my corporate d...
I am debating if I should change my primary bank but I am still unsure.
Currently, I bank with US Bank. They have a good online system, you can see scanned copies of the front & back for checks and the front &am...
I'm curious if anyone has experience regarding commercial loans that have shorter amortization schedules (ex less than 20 years). Are smaller banks willing to extend the fixed rate period in "exchange" for a shorter a...
I am looking to buy some real estate stateside while I am in Germany. I was looking to see what financing options were available to me that don't require the property to be owner occupied for a year prior to renting o...
Hey guys,
I hear about the brrrr method and refinancing to get your money back. But I am not sure how that process works.
Say you buy a property for 100k, 10%down. So 90k financed. After upgrades and rehab it’s app...
I have been working on a few different loans with them. They said we are all good to go. They have not asked for any money up front. That would have been my first hint they were a scam. It came down to transferring fu...