Hard money loans can be used as cash only offers? If not what are my other options if I do not have that much liquid cash?
Hello! I have an off market deal direct to seller. Single family home is under a VA loan in California. Seller is moving to east coast. I offered the client the price they are asking for 'subject to' holding the VA lo...
Hello,I have a single family rental located in Connecticut that I would like to refinance to extract equity. The current mortgage is $153k and the current value by a local trusted realtor is $270k +/-. I plan to inve...
Hello BP!I have been looking into the 203k loan and wanted to hear from anyone that has used one before. What did you see as pro’s and con’s. If you have used one in the last year did the market and interest rates imp...
We are still looking at buying our first fix n flip. Hard Money is the only way we can finance a loan. They are typically offering 13% then want either 4 pts at closing or 6 pts at sell. We thought the points were in...
Anyone have banks they would recommend for a 2-family investment property mortgage in Watertown, NY? Willing to work either with a local bank or a national one.I just had an offer accepted there and I'm trying to figu...
Here is my situation: hail damage and upcoming claim for 20k of repairs on a rental home. Insurance policy is a commercial policy under my LLC. When the insurance company issues the check it will have the LLC name an...
Is anyone familiar with DSCR loans?!?!?
Hi All! I have one investment property that I refinanced over a year ago to a 15 year note. At the time, my goal was to shorten the term of the loan. In doing so, the property does not cash flow too well, but I do ...
Hi, all.
My wife and I are in the research phrase of making our first deal. The deal would be for a duplex in a college down with 3 units. Comparable comps rent for $700 a unit. The duplex is 50k
My question though ...