Shay Levin
Owner Financing - 30K Down Payment
Hi All,I'm a foreign investor.Let's say I have a property that is rent ready and estimated at $210K ( renting average in this area for such property is $1600)I want to owner finance it in the following terms: $30K ...
Ethan Kramer
$12,400 closing costs for $129,900 property?
I'm currently under contract for a turn-key investment property in Baltimore City that is valued at $129,900. I just received the documents from my lender showing total estimated closing costs of $12,400, making the e...
Ryan Cleary
Ways to structure a seller finance deal
I have a property I would like to sell:-Market value: 450,000-Purchased in 2020- Mortgage has $153k left at 4% (conventional)The market is slowing down a bit and since I no longer would qualify for conventional loans,...
Frank Contreras
Newbie unsure what I should be looking at
Hi Everyone,Starting to take action on getting my second property. Did reach out to a local credit union on getting a loan. They've reached out to me on an estimate, but not sure what I should be looking at to see if ...
Allende Hernandez
Lease Options in Orlando, FL
Hello folks,I have my first house in the market!!!! After rehabing it my first baby is out and ready to hit the road, I am excited.Now, I am considering as well offer it for a LO for two years. I did a bit of a resear...
Ana Garrido
First-time homebuyer if I co-own a property in an LLC
Hi fellows!I have been searching information in order to clarify this doubt, but still nothing convincing.1) Please, can you help me?. If living in PA, can I qualify as first-time homebuyer if I co-own a property thro...
Ian Stuart
MBA / CREF Conference - Who's Going?
Hi BP: Is anyone attending the MBA CREF conference in San Diego this week? Our multifamily mortgage banking team will be meeting with Freddie Mac, Fannie Mae, and a few CMBS, lifeco, and bridge lenders. Would love to ...
Chandler Smith
FHA loan refinance to conventional
I read an article awhile back about refinancing an FHA loan to a conventional loan. If I remember correctly in order to refinance you must have 20% equity in the house.
So my question is: If I bought a house on an FH...
Albert Hasson
Private Lending Question
General question here. What kind of gross returns can one expect from private lending? Let’s assume a focus on single family and very conservative lending assumptions. How difficult is it to deploy capital? If hyp...
Samantha Schiabor
Is a fix and flip loan the best option here?
Is a fix and flip loan the best option for this scenario? The property is being bought at a discount and has equity built in already... no need for funding to do renovations.. is there any other forms of financing th...