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I'm in the final stages of rehab on a BRRRR property which I paid cash for and am looking for some advice on pursuing my refinancing options. Unfortunately my credit is not good enough for the refinancing aspect of th...
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Hello Group, Good morning! By any chance, does anyone know of good mobile home park lenders? I am looking for banks or third-party companies that can provide funding nationwide for mobile home parks. I appreciate the ...
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Hello everyone,I saw an AD that was in my email with Biggerpockets (Finance Of America) I called and got a rep when we asked for his NMLS# he told me that he is an employee of FACo Umbrella Commercial Lending N.O.O an...
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Every HML will work somewhat different but I will let you know the standard flow:
1) Get pre-approved with an HML - This should be free. DO NOT PAY AN APPLICATION FEE. This is a sign of a possible scam.
2) Look for ...
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I have been renting a property for 2 years now and making rental payments directly to the mortgage company. The owner was in foreclosure but I helped the owner through the modification and now finally approved and mo...
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If you transfer your rental property to an LLC, do you notify your insurance company and have it changed to a commercial policy at that point?
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How does seller financing work in regards to equity?
If I use seller financing to own a property, do I build equity even if I sell before the mortgage is paid off?
I am looking for more details on how seller financi...
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Hello all...I am hoping someone has some experience here and can give some advise. Here is the situation....I am an agent and investor in Michigan helping a friend/client find a first home. The perfect home came on th...
I own four condo units in Boston. Attempted to do four cash out refinances with the low rates now and was declined by my lender since I just started my own company and will be receiving 1099 income instead of W2 incom...
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A new job opportunity was presented to me recently from a great company I have had my eye on for awhile. I just interviewed today and got the job :) At the same time I am ready to buy my first deal. I have been at cur...