I have found a place to buy but am in need if financing. It consists of three houses on one lot one behind the other. For whatever reason it seams like a hard one to get done. Any ideas
Current lender is offering 70%....another local lender willing to go 75%...standard seasoning is 6 months...has anyone seen higher LTV's or shorter seasoning?
--Day 1: called and tt l/o regarding refi of Quad. Liked what I heard, decided to move forward. (They have 30 yr terms, Rates in the 4's....hip hip hooray :) Received Loan Questionnaire.--Day2: submitted loan ques...
HI BP community,
So I’m almost finished with a full Rehab on my duplex. We converted the top unit from a 1/1 into a 2/1 with central A/C, new kitchen, bathroom, flooring, and paint. We converted the bottom unit from ...
Hello everyone!I'm hoping to get some help as I've been going in circles with my loan servicer (Freedom Mortgage) regarding the steps to remove PMI before two year seasoning. What has happened so far:-I purchased the ...
Hey Everyone,I recently started my first flip in San Antonio, and I took out a hard money loan from Sherman Bridge. I qualified for their 90/10 plan which means the loan is for 90% of the property purchase price and r...
Good evening! I have followed BP for a while, but I am finally in a spot where I can spend time researching and seriously getting into BRRRR and flips. I'd like to get the ball running on my first investment property ...
I’m in the process of buying a house.
My closing date is Nov. 15th
BUT my divorce date is Nov. 14th
Should I push back my closing date?
Do I need proof of divorce?
What else do I need to know, I have very little know...
I own a duplex so I'm familiar with the conventional rates, but I'm now looking at multifamily units of 4+. I need to know what the current going rate range is for commercial. I'm looking lately at 6-10 units in the C...
Hello all, I am currently interested in finally pulling the trigger and getting into my first property towards my RE portfolio. There are a few questions I have as my income isn't high and I know it might be hard to g...