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I just got a quote from a conventional lender for 7.75% with a 2.5 point buy down.When I asked what would be the rate without a point buy down, they said: " There are no par (rates with no point cost) rates for invest...
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I saw some lenders in PA still do DSCR loans with PPP. And as my property is in PA, I want to hold & rent it with DSCR. Anyone can prove if that ppp banning is true for PA? If so, can I get sources to check?
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I just learned of this yesterday so here is a brief explanation for those who don't know what Buy and Bail is/was...
A buy and bail transaction is where a consumer decides to rent out
their primary residence to tak...
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I am in the process of locating a property to purchase. I must say that I am excited. Before my search I wanted to get pre-approved for a loan. I was pre-approved through Quicken loans for $100,000 investment loan ...
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Do different agency lenders have different spreads and interest rates? Or if I go to one Fannie agency lender and they quote me 5.5%, will another Fannie agency lender quote me the same thing or do they have different...
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What am I using for collateral (promissory note) for borrowing from a private lender, specifically a commercial deal? Also, can I loan money to an individual who needs it for rehab and what is he using as collater...
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Looking to connect and “pick the brain” of a commercial lender, specifically for large multi-family properties, in Texas!
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Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...
Since building of 5+ units need commercial loaning Does that mean I can only get them if I have an LLC or will commercial lenders give under someones name
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If I purchased a short sale property that's valued below the market. How soon can I put it back on the market n sell it? Newbie question