Trying to refi a property and ran into a snag. The lender is counting properties financed by the LLC. I am aware that Fannie used to count the LLC properties, but changed their guidance since 2017, so that properties ...
I'm using the SFH Rental Analysis form (downloaded from this forum) and run the numbers on a pre-selling condo unit property we're eyeing on. (It's not in the US.)
The numbers are not in dollars but the c...
Hello! We recently went into contract to purchase a 2-unit multi-family property in Savannah, GA. It's set up as 2 condos plus a condo association instead of a multi-family residence. Does anyone have experience in ...
Can someone assist me with this question? If I use portfolio financing, what are the closing costs associated with that? Also, are there any unforeseen downsides to using this method? Thanks!Property is a Single Famil...
Let’s say that I am looking for a distressed property to rehab and rent out. What are the tradeoffs to using a new construction loan versus a hard money lender? Are there certain aspects of the property that would onl...
Hello all, I just wanted to share with you a piece I wrote about BTR trend in Sunbelt states...would love to hear your thoughts about it.The Sunbelt states of the United States are currently experiencing a housing con...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $190,000
Cash invested: $1,700
Sale price: $215,000
Partner Driven, in collaboration with Seth Choate, faced an...
Hi,
I am shopping for a 30 years fixed mortgage and my credit score falls couple points below the "excellent" range. it's only because I had a $56 collection back 6 years ago, which I was due to a move and paid in fu...
Hey guys! Hoping y'all can help me. I own 4 SFH and only know/understand my experiences of personal conventional mortgages where I put 20% down. However I am in new territory
I recently got into a partnership deal i...
I'm planning to purchase an investment property and would like to understand the typical down payment requirements. I've heard that the down payment percentages for investment properties can be higher compared to pr...