Does anyone know what the requirements are for a 40%-50% LTV commercial line of credit? Do banks even give lines of credit that big? The property would be free and clear and my credit is very weak. Going to work on th...
Hi Folks,Hope to hear advice on possibly doing a cash out refi on one of our rentals here in Texas. Looking to pull out funds to pay off the last of my daughter's tuition. Anyone have any information on the following?...
This is by no means all of the guidelines..... Just some basics. This past month FHA has gotten much more strict and fine tuned their guidelines. Single Family Residence or The rental units are an owner-occupied two (...
Hello all,Im sure this question has been beat to death - I am looking for a DSCR loan to refi out of private money and into a 30 year long term. Property in question is a 4 unit, new construction multifamily town home...
Hi BP Community. I’m just getting start and have put together the funds for my fist investment. However, I’m having trouble finding a lender that offers 80% LTV on an investment property. I’m looking to purchase a ...
Hey Guys,I am still new to real estate and how to choose HELOC's. I did my work on checking some local banks and their information on HELOC and all it comes down to two main points :How much LTV How much APROverall 10...
Hello all,Has anyone ever stacked a Hard money loan 80% LTV and a Personal loan 20% LTV and then refinanced the personal loan into a PLOC at a lower rate to avoid PLOC guidelines that state funds can not be used for i...
Hi BP Community,
I'm analyzing a my first CRE deal and I've built out a very dynamic model in order to run CF projections. The total build will be roughly $4 million (Equity = $900k and Debt = $3.1mil). The end goal ...
In the last 5 years what is the lowest amount you've seen a bank, portfolio lender, or Hard money lender finance on a single family. I'm not asking about actual companies or institutions, not just an individual. This ...
One lender told me my rate is fixed at 5.6% and I can take out 180k which is 90%LTV. Another lender told me the max he can do is 80% LTV and we can take out 96k on that HELOC and the rate is variable but can be change...