I am looking to buy a mobile home with land as an investment property. We wanted to flip it, but my team is unfamiliar with lending requirements for mobile homes. We want to make sure that a buyer will be able to rece...
Hi all,
My partner and I are purchasing land and building a new home on it in Massachusetts. We have received financing terms from hard money lenders, which is quite high. Are there any lenders out there that have lo...
Any lenders out there require less than 20% down payment for a secondary or investment home?
Hey BP! I’m looking to get pre-qualified for a vacation (2nd home) loan in California. I’m hoping to put 10% down and operate a STR. Any recommendations for lenders that offer this type of financing in CA? Thanks!
Hey Folks, looking into using a second home mortgage for financing. Does anyone have recommendations for a lender they’ve used to do this in the Durham area?Additionally, curious as to how that works if the house purc...
anyone have a lender that is STR/second home savvy?
Hello all! I am looking for some good spec home lenders in the Central Texas area. We have some property in Lago Vista where specs are flying off the market. We have a GREAT record of experience, low LTV needs (60-65%...
I have a situation where a client of mine has pristine credit and almost 700k to put down but can’t seem to get pre-approved on a loan for 1.5m due to she’s only been in her job for less than a year. This will be her ...
Does anyone have a lender in Florida that will Lend to a new builder for spec homes? Currently I am a Construction Manager for the largest production home builder in the US and have built a few hundred homes ranging f...
Hello,
I own several lots that I am planning to build on in West Michigan, some of which are considered rural. Some lenders that I have been working with are telling me they cannot do the financing if it is consider...