Jonathan Riordan
Rolling rehab funds into mortgage or paying out of pocket?
Hey everyone, I am under contract with my second property and plan to do a large renovation of the main house and the garage apartment that is on the property as well. I have been planning on using funds distributed f...
Daniel Bautista
Military* Should I wait to PCS to invest in rental property.
Just purchased my 2nd home in Colorado last Fall 2018, I didn’t keep the first one in order to use the proceeds to eliminate debt and use fund for down payment to attain a lower funding fee. Now I am in the process of...
Summer Timms
HML vs HELOC vs Savings
I love this forum and am so grateful it exists! I'm a newbie getting ready to make my first purchase and trying to determine the pros/cons of HML, HELOC or using savings. I'd love to hear everyone's thoughts on this. ...
Richard Xiong
PLOC- Fixed or Adustable Rates?
I am shopping for Personal Lines of Credit. I will be using my PLOC to fund my deals. I will be using the funds in its entirety and paycheck park to bring them back down then repeat.I went shopping for PLOC rates and ...
DeWitt Gibson
Fannie Mae tightens lending standards on Investment Homes
We have been discussing this at my office all day. I don't know much as this point, but here's what I know: "Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the governmen...
Andrew Syrios
Correspondent Lenders
Has anyone ever heard of, or worked with a correspondent lender. We're looking at a company to refinance a group of houses and small multi's we have and they have given us the best quote so far, but of course there...
Rachel K Reiman
Knowing when to refi
I purchased two more rental properties in October with HELOCs and one is rented and the second will be rented within a month. When is the best time to refi? I believe rates will come down in the spring, but I really...
Jerry K.
Wow, 7,700+ bids for one tax lien certificate in AZ!
Just noticed as I was looking through the online tax lien auction going on for Yavapai county in Arizona.
There are certificates that have over 7,700 bids! The most I've ever seen in the last three years has been 7...
Brant Jones
VA Cash Out Refinance - 100% LTV
Has anyone had experience with a 100% LTV VA cash out refi? I have been considering an IRRRL on my primary residence to drop the rate on my VA Jumbo loan, but received a flyer in the mail today advertising 100% LTV ca...
Nelson Mendes
A Possible Private Money Lender Questionnaire!
I recently found a private money lender with the potential of funding my real estate deal in which is in its early stages. I've been on this real estate investor student path for a while now facing the first time inve...