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I'm looking to get an investment bank statement loan for some rental properties located in Phoenix, Arizona.Looking to get 80-85% LTV.If anyone knows some a really good program with decent rates, I'm all ears!
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Question: Is an FHA or 203K loan better than a conventional loan for purchasing your first multifamily property?Hello!I just got off the phone with a mortgage loan officer. Backstory: My plan is to obtain pre-approval...
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I have a lead on a large log home about 45 minutes southeast of Denver. It seems to be a good deal at the price i could get it for but there is a big butt in the way; There are no other log homes for miles. The lot...
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I am a first time home buyer trying to start my real estate portfolio. My goal this year is to buy a rental property that I can lease as soon as I close or after some minor repairs. I am open to single family homes an...
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I think we found our first deal! We have been pre-approved for $880K at 7.65%. This is buying down a point ($1495+$6000). Credit score of 770.Is anyone seeing better investor rates out there?Thanks!
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Hey everyone,Currently looking at my first investment property. Looking to do a live in flip/ house hack. Numbers are all checking out on the property. Im just in the process of comparing the advantages and disadvanta...
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Hi BPers!I want to get an idea of what mortgage rates you all are currently getting. I currently am seeing a 4.75% on a 30-year fixed with 20% down. If anyone has done better than this, I'm curious about what the term...
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I just got a deal for 3 beds 2 bath rental property for $247,500. The estimate rental is about $1,550-1,700.My interest rate is 6.375%. My lender want me to buy down 1% with $1,800 Which make my interest 5.375%.I aske...
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Hi had a thought to buy a house that i want to stay for 5 to 6 years that cost over a 1M$ .i want to sell my current home and use that money for down payment for a new home.
i want to take interest only loan for the...
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Hello all,
I currently am under contract for a property that I plan to do some rehab on that will essentially follow the BRRRR method. For those that use the method - how do you get the best appraisal? From the answe...