Khemaro N.
Foreclosure and short sales
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
Jeff Mellum
Cash out Refi 3 unit - Investmenr property
Good morning,We are looking to do a cash out refinance on our Triplex. We have excellent credit and no debt outside of real estate. The lender I spoke with this morning told me there are new requirements (Fannie and F...
Herman Lee
What are hard Money rates in AZ?
Hey! I'm completely new to this and I'm not even sure I'm posting this in the right place - what are typical hard money rates you've gotten for a Fix and Flip or ground up? Specifically in Arizona if possible. Just do...
Jacob D. Lange
Financing an all cash purchase???
I am purchasing a property all cash. Is there a period of time I would have to wait before I could then secure a mortgage on that property.I heard 6 months, but that might be only for a re-fi. For context, I am buyi...
Rylan Spear
HUD Guidelines 24 CFR 206.125
Does anybody have any experience with these sales? Seems like strict guidelines with a reverse mortgage foreclosure.... I have read guidelines where they may or may not accept an offer of 95% appraisal value (list pri...
Matt Holmer
When does seasoning peroid start?
My understanding is if someone was to purchase a property in cash, pay for the rehab out of pocket, and then look to do a cash out refinance into a conventional loan, there is a 6-12 month seasoning period. When does...
Shaunta M.
Investors interest rates
Hi everyone I just reentered the market for the 4th time hoping for success with finally getting a rental property. I’ve had to change my strategy due to my city being a high market. I’m wondering how are investors ma...
Nina Ibrahimbegovic
Need a multi family lender recommendation please
Hello ,
Can someone please recommend a good lender for commercial real estate, multifamily lender specifically. The multifamily property is in Pinellas County , Florida.
Thanks
Jacob D.
Using HELOC for investment property questions
I'd like to setup a HELOC on my house and purchase another multi-family.1. Once the HELOC is setup, do I need to draw the funds into my bank account (for the down payment), or can it stay as credit until I purchase th...
Nnabuenyi Anigbogu
New FHA guideline
Hello all,I have a question about a new FHA guideline that my loan officer just informed me off. He said that starting in Jan 1st, FHA does not allow you to count rental income from a property that you are departing u...