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Seriously considering purchasing an REO property for our primary residence, problem is it needs a lot of work. I am already pre-authorized at my primary bank for mortgage considerably higher, but they are telling ...
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I have some equity in my current residence that I’d like to use as a down payment on a long term rental. Would the average lender be against using a HELOC to do this? How would it affect my debt to income?
Afternoon,
I recently purchased another single family home to live in, but I still have my condo that I own and want to start renting out. I've done a bit a research around LLC's and creating one - (unfortunately, I ...
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I'd like to get a rough idea if most people use cash to cover rehab expenses, or if they take out a loan/credit card/2nd mortgage/etc.?
Just another non-scientific poll from me :whistle:
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I was reading a little bit about shopping for loans, and I was wondering if anyone had any tips on looking for lenders who can lend you the loan that you want, on your terms, without having to actually apply for a loa...
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Some agent that hasn't figured out that working with me will be waaaaay easier :roll: posted on her FB wall this morning an article by some other dude on some Broker/agent site: blaaaaaaah
Anyways, it appears during ...
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Hearing people say I have a credit line to pull money out incase i need it for a deal. Speaking to a banker just left me confused as she was tap dancing around the Question when i asked her to clarify. Am i looking to...
I want to do a cash out refinance and was wondering if I should it it two stages. Goal is to pull out as much cash as possible to use towards next deal.-Credit score is around 625. It’s low due to high utilization (&...
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Over the years, I have built a great relationship with my attorney. He is my fathers attorney (by coincidence believe it or not), my mentors attorney, and has closed on a personal property of mine as well as my 1st i...
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OK, so here it is. I recently came across a 5 unit property for sale, a tri-plex and duplex being sold together on the same lot. 1st question, in terms of conventional financing could I consider the buildings seperate...