BP!Is there any way around the usual 20 or 25% down payment for multi families?
Fork in the Road-What is the best strategy to buying our first investment property?Using a 401k loan:-pay ourselves back-not bank-little to no fees-5 year term-higher payment than 30 year mortgage- we would be a “cash...
Hello,
I will be buying my first investment property in America in Phoenix this year. I have low capital requirements so I have looked into creative financing options like seller financing. My mortgage broker also re...
I wanted to see if there is anyone that knows if hard money lenders provide pre-approved loans or proof of funds for investors, similar to how traditional lenders provide pre-approved mortgages which are pending final...
Hello everyone!I am looking to purchase my first rental property but I also have my vehicle lease ending in 2 months. I am wanting to buy out my car lease but am wondering how this will affect getting a mortgage. I kn...
can someone please explain exactly what this word means ?
Hi, folks. It looks like there's a mandatory capital call forthcoming in a project I'm an LP in. I can't contribute more money at this time so have no choice but to be in "default".
Besides not being able to collect ...
We have two properties worth approx $220,000 and $125,000. We (my wife and I) have a blanket loan that is now $169,000. This loan is amortized over 20 yrs but had a balloon after 5 yrs (4 1/2 remaining). We are lo...
Hi guys! There’s a possibility that I’m going to get into a deal with a partner where he provides the down payment; however, he will not be on the loan itself so lenders have told me that the down payment has to be si...
Rookie investor about to buy 1st property in Louisiana. Please correct anything below that seems incorrect, or misunderstood. I’m trying to see big picture, beyond this first door, so I don’t lock myself out of more p...