Hello All.I own a 3-family residential house in Medford, MA that has a Commercial Unit attached. The Commercial unit is currently being rented out as a Convenience Store. The mortgage on the property is paid off and...
I am looking to acquire a MHP but running into issues give them the loan size being below $1mil. Does anyone have any bank recommendations? Appreciate it
I have been informed by my present loan officer that the major banks do not offer construction loans anymore. Has anyone here obtained a construction loan lately? We are looking to tear down a 5-plex and rebuild two s...
Hi, I’ve been learning for years about REI, have great equity on my home, decided to apply for a HELOC but before wanted to hear some advice about who offers the best product. I’ve read about BofAmerica as the best on...
Hi All - I own 5 properties in total, one of which is my primary residence. I'm looking to obtain a HELOC on my primary and the lender that holds the note (Wells Fargo) declined my loan application for a HELOC becaus...
Hi all,
I've finally found a regional bank that will write nonconventional rehab+purchase mortgages. They are 5/1 ARM, 20 year term at 5.5%. These aren't exactly Fannie terms but they look like the best avail...
I am not at all familiar with the current seasoning laws. If we pay all cash for a property, how long is the current required time period until we can obtain a conventional loan?
Hi I was wondering if anyone would be able to share other possible ways to obtain additional funds for a first potential flip? Any advice would be helpful!
Some friends and I have discussed purchasing a single family home as an investment property, with the goal for it to be owned by an LLC. There are four partners in this deal. What is the best way of obtaining a mortga...
Hi there! My name is Summer Shelton. I'm located in the St.Louis region of Missouri. I will be investing in the north east rural area in Missouri, around Troy MO. My ultimate goal is to obtain mutil family properties....