Candace Ferrell
New to investing in Rental Properties Baltimore City
Looking for some advice or guidance. I currently own a property that I rent rooms With a cash flow of $1200 after expenses and capital expenditures each month. I want to buy a rental property in Baltimore City using t...
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I need No Doc NC HML's - 170k ARV - 50k renovation -
Hello,
I am located in the costal area of NC. I have a property that I am wanting to rehab. I need a HML/ no intensive docs (w2'sbanks statements..etc../we have them but would like to skip this
I've been holding my j...
Fausto Carosella
Version of FICO score
Hey Lender Friends,
Do you specifically know which version of the FICO score you use for qualification? — i.e. FICO score 5, FICO score 8 etc. — Is it typical for a lender to know or not know which one they use?
Jae Kim
Property Taxes After Acquisition of Retail Commercial
Hello - I'm looking at a commercial retail deal where the real property taxes shown on the operating expenses are super low in comparison to the purchase price of the building. I know after the purchase, the tax expe...
Vlad Denisov
No buying multi-family until we hit the bottom?
Everyone around seems to agree that recession's gonna come within 3 years with a high probability. If it's true, does it mean that it makes all the multifamily deals right now much worse than lets say 5 years ago? I s...
Ryan B.
Why a business line of credit?
Forgive my ignorance, but I just want to make sure I am thinking correctly.
I have a home equity line of credit that is open and I can draw cash from whenever I want, is a business line of credit along the same theor...
Chanise P.
Finding funding for FHA quad
Hi All!I've been soaking up tons of info over the last year and a half and getting my credit scores and savings up to par and finally feel able to pull the trigger on investing. This is my first post to the forum. I c...
Jacob Willett
Finding a lender for first time home buy
I am looking to obtain pre-approval so I can start really searching for my first deal. However, as I am a student with an inconsistent employment situation, I expect this will present a challenge. I am looking for a l...
Adam DAnna
Financing a Condo to Fix then Rent
I am looking to finance a foreclosed condo in Mercer County, New Jersey.- Purchase Price: $92,000- Repair Budget: $25,000I was quoted the following terms with a Homestyle Renovation Mortgage:-Total Loan Amount: $96,04...
Gerald Boone
Any lenders funding under $50,000?
Are there any lenders financings deals under $50,000? In my market properties are selling for less than $50,000 or close to it. I purchased a property at auction for $11,500 and spent another $25,000 on renovations. T...