Hi BP Community. I’m just getting start and have put together the funds for my fist investment. However, I’m having trouble finding a lender that offers 80% LTV on an investment property. I’m looking to purchase a ...
Good Morning...I'm closing on my first investment property and opted for the 3.75%, 7/1 ARM, over the almost 1 full point higher 30 year fixed. What do you typically do, when using conventional financing on a deal, a...
Hi Everyone,Im Leo from NJ. Im looking into investing in Katy, Texas. I hope to meet some of you folks someday in investor meets. In the meantime, here is alittle about myself and my goals. I'm a fairly new inverstor....
I have been speaking with a few customers and conventional loan officers lately regarding 30yr financing on investment properties and the rates I am now hearing are north of 5%. They tell me this is due to Fannie Mae ...
Does anyone have any good sites that tracks mortgage regulation changes? I keep seeing articles all over the internet discussing upcoming changes and my banker tells me that "the rules are always changing" but I a...
Hello BP,
Was wondering if those of you that purchase your buy and hold properties under LLC's can give me some info / tips on securing financing. All the lenders that I have contacted seem to clam up when I start w...
Got off the phone with the local banker. Inquired about financing a 2-unit building with them (they originate the loans and sell it on the secondary market. I have dealt with them in the past with no problems).
They r...
Hi Everybody,
Just checking this site out for the moment... looking to build strategic relationships and grow, grow, grow. I really need help with my buyers list as well as finding a hard money lender or two... rega...
Anyone know any companies with mortgage products similar to Dwell Finance's ? I've been talking to Dwell and would like to compare them to competitors in terms of rates and terms to understand what my options are on ...
When I talked to my bank's real estate loan officer, I found out that I need 2 years of income history in order to buy my own property, even if I wasn't using a loan.
Can someone go into greater detail of thi...