David Marino
First Time Loan and Eventual Refinancing
Good Evening all.Been a little while since I posted last with a question in the "starting out" section. Since then I have been trying to do my research so when I do start I make a smart decision on my first property....
Jon Huynh
cash purchase doesn’t fall under 6 month seasoning?
So initially i was told by my loan officer that did my refi on my primary, that if i tried to do cash refi on my rentals that i would run into the 6 month seasoning rule. now after 4 months I spoke to his manager and ...
Tim C.
HELOC or Conventional Financing?
Hi BP,I am looking to get my feet with an SF investment property this year and have a few questions about getting financing from the bank. Question 1. I own my primary residence free and clear and it is worth $75,000....
Jamie Warcken
How to finance a rehab
We are nearly finished renovating a rental property in Oklahoma, and have started rehabbing our primary home in Tucson, AZ. My husband was recently transferred to SLC, UT, and we're updating to potentially rent or sel...
Jared Sutherland
Buying a home through wholesaler (wants cash) want to be primary
I found a home with purchasing through a wholesaler. They want cash close. However, I don't have all of the cash to purchase ($500k). Can I get a hard money loan then convert to traditional. I know most hard money w...
Bryant Mortimer
Securing a Two Unit Condo Building
Investment Info:
Condo buy & hold investment.
Purchase price: $692,500
Cash invested: $55,377
Long term buy, hold, and rent.
Original Purchase: July 30, 2021
-Purchase Price: $692,500 (net $677...
Bryant Mortimer
Securing a Second Condo Unit
Investment Info:
Condo buy & hold investment.
Purchase price: $692,500
Cash invested: $55,377
Long term buy, hold, and rent.
Original Purchase: July 30, 2021
-Purchase Price: $692,500 (net $677...
Ellie Narie
How do you "define" primary residence for FHA purposes?
Could you live in an FHA property for 6 months and 1 day and still have it count as your primary residence? As in, spend 6 months and 1 day sleeping at the property, and the other time of the year not sleeping there, ...
Bryan Liu
Need advice on financing rehab for investment property
I am trying to finance my repair and renovation for a duplex investment of 2500 sq ft property that I recently purchased. This property is in California in the LA area. The repair for foundation and earthquake retrofi...
Anthony Scarlata
Using a HML to purchase househack property. How to refinance?
Hi all, new to the forums but not entirely new to the game. However I did make a lot of mistakes on my deals so am now really trying to learn a lot going forward. I've never refinanced so please bear with me.I have 2 ...