Jordan L.
How many times can you get a traditional loan?
I have been listening to most of the podcasts and I keep hearing that most of the investors say they have exhausted the way to get a traditional loan, What is the maximum amount? Can you ever max out a portfolio l...
Jordan Michaels
Securing finances. Pre-approval loan
Hi BP fam. I am ready to start my investor career and the next step is to secure finances. Any feedback or recommendations on a lender for a pre-approval?
Alice Huang
Different types of mortgage programs
Hello everyone,
Especially the mortgage brokers. Understand there are many different loans and would like a deeper understanding if this is correct?FHA --> non-traditionalVA --> non-traditionalConventional -...
Nolan Dalton
DSCR LOANS. Where to get approved?
I want to get approved for a DSCR loan. I have walked through a few properties that I know would cash flow. Where can I find a lender? I talked with a manager at my local KeyBank and she told me "There is no such thi...
Adam Kecskes
Is there such t thing "pre-approval" for non-traditional finance?
Hi, all,I'm seeking to purchase a duplex, preferably a 4-plex, in Austin, TX within the next three months. I'm trying to understand what I need, financially speaking, before I go to the seller's agent to express inter...
Adam Dorn
Buy, rehab, and sell with traditional financing... any hurdles
Say I was able to buy a property with traditional financing. I rehabbed the house, and then sold it for a profit all under my name or my LLC name.
I am having a hard time determining if there woudl be any negative c...
Mike Jay
Qualify for a mortgage?
Hey everyone,I have a job that pays me cash on weekly and in a year or so I want to buy a house but my main concern is I get paid in cash. I do deposit the check/cash into my account every week. Would I have a much mo...
Steve Marshall
Issue getting a mortgage due to low dollar amount
Couldn't find a similar discussion.I recently started working on getting my first investment property in the Pensacola, FL area. I have enough cash to put 25% down on a smaller property (30-60K) plus this seems to b...
David VanSteenkiste
Deed in lieu impact on new loan qualification
A friend of mine recently handed a portfolio of rental properties back to the seller on a deed in lieu. The properties were seller financed, non-recourse and not personally guarantied. The buyer was current on the loa...
Juan Avalos
Can I buy 2 homes
Hey everyone! So I recently locked in a home loan of $60k .. in which i was going to use but the deal fell off. Now I still have my loan open and was wondering If I can use it to buy 3 homes of $30k each? does it wor...