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HeyI have been seeing something that seems weird to me, I see assets in tapes i get that are from a non judicial state, one that is also quite a quick foreclosure one, having a large legal balance on top of the UPB.Fo...
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When people shop for lenders, what does it look like in practice? Is it something that's typically done after entering escrow?
Will it require a hard credit pull for each lender I talk to to get an accurate estimate...
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Newbie on board. What are qualifying tips that we should be aware of? # of lenders to approach? Steps to take?Starting out rules of thumb for newbiesThanks for your insights.
Hello All,Scenario:-I obtain a hard money financing for a property under contract.-Example property X: paid $40k, rehab $20-25k, worth $105k-Instead of flipping the property, I decide to keep the property as a rental-...
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I am purchasing a property with a conventional investment loan and the lender is giving me a price of $795 for the appraisal, stating that "appraisals cost more for investment loans". Is this true? Why should an appra...
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Can anyone share their experience with private money? What has your experience been with rates, prepayment, etc etc? Whats the best way to find a private investor?How does this compare to hard money lenders?Any help/r...
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Hey everyone,, I've been looking at a quadplex, in Michigan, that has 4 separate small homes on one parcel / lot / tax ID ... At first my lender didn't think it would be possible to finance without a commercial licens...
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Hello everyone, I have a sf in Michigan that I like to rent out by room. What lenders will allow a cash out refinance on a property that’s being rented out that way?
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I have a house under contract in Treasure Island, FL that is zoned for nightly STR but has always been used as an annual rental. The majority of the Island is zoned for 90 day min rental which dramatically impacts the...
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Hey BP-
Closing on my first deal soon. After talking to 5-6 different lenders, this is the one that was pitched to me the most favorably. Now I’m finding a bunch of hidden fees that add almost 10k to the loan. Am I j...