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Hello! Long time reader, first time poster! My husband and I have recently purchased our first home and investment property using an FHA backed loan with a 203k rehabilitation loan component. The initial purchase p...
Hey Everyone,I am new the the forum but I am very curious to get your opinion/experience insight. As real estate agents and professionals, what is the biggest hurtle or problem you have with conventional lenders?
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-What are some great exit strategies when buying a rental property if you dont want to sell?
-What is a conventional loan?
-What is a "turn key property"/ "turn key company"?Thank you!
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BP,
Curious who you are working through to cash out REFI your properties that are part of an LLC. What terms are you being quoted?
Thanks!
~Caleb
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Hi guys, I have been purchasing rental properties in TX and GA using conventional mortgage, but I'm thinking at some point in the future I want to purchase my own primary residence, and afraid that if I keep buying re...
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I have a duplex in St. Paul that is owned by my LLC with a mortgage and a second tied to it both at 5.5%. They're coming due in September, and I am trying to figure out the best options. My current lender quoted me 8....
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Does anyone work with a private money lender they can recommend in Illinois? Not HARD MONEY lender, strictly private money lender who doesnt charge the high interest rate and the points?Thank you
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It appeared to be unreasonably high but I wanted to check with the group.
On Good faith estimate the loan originator stated the following figures to be charged by him/his bank (in addition to credit report fee):
1. ...
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Hi all -I own a condo in a 2 unit building here in Chicago. I have a potential opportunity to buy out my neighbor's unit, which would then give me full ownership of the building. My plan is to purchase the unit with...
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I'm hoping to get some people's opinions on FHA vs. Conventional Loans. It seems that in the long run (assuming one can afford the higher down payment, closing costs,etc.), it is better to get a conventional loan? How...