Account Closed
How do you finance your buy and holds?
Hi everyone,
I am very interested to hear how different people finance their buy and hold investments using investors. How do you structure your deals when you are using OPM? Do you use equity and debt partners or ...
Ian Sara
W-2 vs Non W-2 Conventional Loan Financing
Hey All,Is someone able to highlight the main differences or challenges between financing an investment property with a conventional loan with W-2 income vs non W-2? My wife owns her own business but is technically a...
Jay Dekker
BRRRR Questions on financing
Hi everyone, I have a couple questions when it comes to the BRRRR strategy. Lets say I buy a SFR for $70,000 and pay the 20% down to Bank A. I get a Hard Money loan for the $30,000 needed for renovations. After I wait...
Brad Roche
Using a No-Ratio Loan to buy a Primary Residence
What is a no-ratio loan? Much like a DSCR loan for an investment property- a no ratio loan does not look at your Debt-to-income ratio (DTI). They are mainly focused on your credit score and cash reserves. This is a gr...
Aaron Knoll
What are good Terms for a pre-auction property?
Here's the situation:A nice house in a great neighborhood is being foreclosed on. Auction starts in 2 weeks, starting at $220k. Since it is a hot RE market, I suspect it would fetch much higher -- comparable auctions ...
Turning a man cave into a “money cave” Airbnb making thousands of extra dollars a month? It doesn’t get more house-hackable than this! Ron Curtis was able to pick up his first home in a pricey area for only a few thou...
Seth Tucker
Owner Occupied Hard Money?
So I have an interesting situation. I have been using a lease option with a home that I originally intended to purchase to live in. But the property has proven too difficult to finance because it's a 1 bedroom house w...
Robert Andrade
Mortgage attorney neede
Can anyone recommend a good mortgage lawyer in SE Massachusetts? I'm in the New Bedford area
I have a seller offering me seller financing and as this will be my first deal ever I have tons of questions about it.
Taft Love
When do seasoning rules usually apply?
I hear about financing out of mortgages and loans often. However, what I don't know is when seasoning requirements generally apply. While I realize that non-conforming loans can choose their own restrictions here, let...
William Luke Laity
What do appraisers look at?
If there are any appraisers out there, or people familiar with how they are done:
What are all the things that are looked at when determining the value of a home?