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Need help finding/lead on FHA lender that allows FICO in low 500’s (510 now). I have heard based on overlays, these lenders exist. Specific property located in Minnesota, under contract this week.Other detail:- $350k ...
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Does anyone have a good feel for the typical terms and interest rates that someone with great credit (750-799 credit scores) can get if going through a hard money lender or private lender?Specifically, what interest r...
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Hello Bigger Pocket community
Has anyone used JM Consulting Group based out of San Francisco for tax planning strategies? I was referred to them from a lender, specifically to Jessie Moy CPA who specializes in Real ...
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Hi All,
I'm looking to use equity from my primary residence to potentially buy a new primary residence and rent out the current place. I've been told by a lender that I can't refinance my current property as a PRIMA...
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Hey guys,
So I just finished rehabbing my first house and I intend to refinance it into a DSCR loan since I want to have the loan under an LLC.
However my lender wants me to use a Property Manager when I would like ...
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If im living in one home, applying to move to a second one, how will the VA apply my income if I intend to rent out the first home after I move out of it? do they require a lease showing a tenant will move in and then...
Hello, can anyone tell me which fees are generally negotiable when a lender submits a loan estimate sheet? I've read that there are many so called 'garbage' fees listed that can be removed. Is there a good way to pree...
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I am trying to help out a friend of mine finding a loan for his business (and myself).
This is his situation:
He is a hard money lender. Specifically, he is a General Partner in a LP company with $11m of pure equi...
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I currently live in Las Vegas where I work from home and plan to leave within the next year. I am interested in using my VA loan to possibly obtain a multifamily unit. I have always rented, and never owned. I work ...
I have been listening to the podcasts and learned about the BRRRR method. It makes sense and I get it but I had a clarification question. When you Refinance, I'm assuming that is a cash out refinance. Is that correct?...