Samuel Ault
Multi-Family Loan in Louisville, Kentucky
I am looking to purchase a tri-plex or four plex in the Louisville, KY area. I want to live in one unit. I am a first-time home buyer. I want to obtain conventional financing. The only person I've talked to so far was...
Nancy Jenkins
Rehab loan then refinance - best way to go?
I bought a house in 2004. Paid $99,000. Owe $94,000 today. It should appraise now for around $115,000-$120,000. In 2004 I was rehabbing it to be used for a daycare center - $14,000 cash flow per month. During the ...
James McGovern
How do you make contact with the Bank REO Officer
I know of several foreclosures that did not sell at auction and would like to contact the bank directly. I cannot identify any direct contact information. Is there a master list of banks and contact information anywhere?
Harrison Chow
Bank Lender or Mortgage Broker
Hi Guys!My first post here... I'm at the beginning stage of BRRRR process, trying to assemble a team of experts and one being the lender. Do you guys prefer working with one or two lenders or do you have a mortgage br...
Tom Cramblit
FHA 20% Equity Refinance
Looking for some clarity to refinancing to eliminate the PMI on my FHA loan. I've talked to bankers and they have told me that once I have 20% equity I can refinance and the PMI payment will be done. My main question ...
Samir Shahani
How can I get the good loan? Should be easier!!!
Hi Everyone, So, I'm a SFH investor in the Eastern PA area. We have a couple properties in LLC's and we are ready to scale up...... we cleaned up the balance sheet, we cut down our expenses, we improved our credit, w...
Hartley Schwartz
Starting off in Mortgage brokerage ?
Wasn't sure who to reach out to about this and when I found this forum figured it was worth a shot. I am a first-time investor and while connecting with people across my network a friend of mine, a mortgage broker, of...
Leonie Kamdem
I need advice please
Hello,I am a licensed real estate agent. I just renewed my mortgage loan originator license and I am wondering how I can get the best out of both. I believe it is ideal to work with a mortgage broker to gain experie...
Blaise Dietz
What types of deals are funding?
Hi,
I was asked by a commercial Realtor today about what types of business loans are being funded and here was my response.
SBA loans! As most of you know, the SBA 7a loan goes up to 2 mm and you do not need to own...
Kyle Scofield
Bank Relationships
What does everyone think about establishing a relationship with a bank BEFORE investing? Like just walking into a local/smaller bank and introducing myself to them and what I want to do in this area? Talking to them a...