Tony N.
Jumbo loan refi - 20% cash out to cover conventional and heloc
Hello all - I am looking for some advice/suggestions on getting a jumbo refi for a property that I currently have a conventional and HELOC on an original purchase @ 90% LTV.I've recently added value to my home by reno...
Mario Am
Can you give an offer with credit?
Question. A friend asked me. So if lets say I have a lender that his minimum loan is 75k (has to be 75% of ARV), and I find a house for 85k that is valued at 100k and higher, could I offer the seller 100k with 15k cre...
Dennis McHugh
Real estate professional tax question
Hello,I have a question about a strategy. Can you buy a house in an "Opportunity zone", rent it short term for the rest of the year. Get 100 hours of participation to become a real estate professional. Bonus depreciat...
Sarah Schwab
Owner-occupied requirements for condos
Who knows about the laws and rules regarding the # of units within a condo that are allowed to be rentals vs. owner-occupied? My understanding is that HOAs typically require at least 50% of units to be owner-occupied....
Muinda Gueston
Owner and Renter insured simultaneously?
In Md the state requires renters to provide rental insurance. I'm looking to purchase a MF home in VA in Jan and wondering if it's customary to require renters to obtain insurance as well. Is it overkill or even legal...
Jenny Bayless
Lender in CO that allows early cash out re-fi
We are planning to use a HML to fund the initial purchase of a property. We will then rehab, rent, and refinance. However, I have a question on the refinance part. Does anyone know of any banks (either portfolio le...
Lami Dantata
First time BRRRR need advice
Hi everyone,
I need advice on purchasing an off market pre foreclosure 4/2 with an efficiency in the back in Miami, Florida, am using a hard money lender. This is my first time doing the brrrr method but i own a trip...
Steve Kirsch
What makes a deal attractive to Hard Money Private Money Lenders
Hello All,Can I have some pointers on what thresholds are typically required for ROI that HML/PML strive to achieve when reviewing and approving the lending for a deal? For me, I'm looking at cash flow and long term a...
Jacob Kelley
Down Payment for Loans
My girlfriend and I are planning on buying our first investment property - we're looking at four-plexes in Phoenix. Our real estate agent told us that, in her experience, hard money lenders in the PHX-Metro area typic...
Stephen Briggs
Looking to finance a rental property
It would be my first investment property and I am working with little money. What would be the best way to go about financing my first rental property? What are general qualifications?