Victoria Monahan
Financing for 2-family investment property
Hi all, I recently put in an offer on a 2-family investment house and it was accepted! I currently live in one half of a 2-family house and rent the other half. For my current home, we used conventional financing wi...
Gary Dezoysa
Cash purchase vs waiting 2 years vs creative options
Hi everyone,I wanted to ask what my best option might be for my first investment house in Toledo. I am out of area.- A cash purchase on a 65k house would take about 1 year for me to save for- Conventional financing wi...
Account Closed
Tile roofs in Vegas: tile lifespan vs underlayment (30lb felt)
Many Buyers in Vegas & Henderson believe tile roofs have a lifespan of 50 years. While this is partially true because the tiles themselves have a lifespan of 50+ years the paper underlayment that provides the wate...
Account Closed
Fannie Mae and 20% down rule
I'm finding with my lender that they don't want to lend me with less than 20% in the property, even if the numbers look good. Why is that? They say it's Fannie May rules. How do I skirt that? i asked them about PMI, t...
Samantha N.
Iowa City/Coralville/NL Real Estate Investor Agent?
Looking for a referral to a helpful investor's agent in or around Iowa City, Coralville, or NL? I don't see much talk around these forums about those areas.Grateful for any help or recommendations!
Brian Mason
Companies offering Individual 401K options
Does anyone know of any "name brand" companies that offer Individual 401Ks with a Loan option.I know eTrades. TD Ameritrade has an Individual 401K offering but no loan options.Everyone else I have found on the Inter...
Kenneth Lee
NOVICE wholesale marketing budget advice?
Hello to all, my name is Kenneth Lee. I live in the N. Houston area of Houston, TX. I would say that I'm definitely a real estate investor at heart. I've always wanted to flip properties, even before all the shows(...
Tom R.
Sudden increase in mortgage rate between pre-approval and app
Yesterday my offer on my first investment house was accepted. That morning I received a pre-approval for a loan at 4.79% for a little more than I am paying for the house. Today I got the mortgage application papers to...
Raghavendra Jakkani
New Built - What to post the sq ft as ?
This is my first investment house. I am closing it in next 2 weeks. The sq ft mentioned by the builder was 2050 but the appraisal came back with 2233 sq ft. I questioned the mortgage company if this is valid as the di...
Jarrett Thornton
Interim loan to purchase investment houses no money down
Does anyone have any experience using Interim loans to purchase properties for investment purposes? I have heard if you set it up properly you can get in properties with little to no money down. Thank you in advance,