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I qualified for a 68,000 HPAP loan and got a pre-qualification letter from a lender for a max of 400k at 3%. I am looking at condos because home prices in DC under 400k are not realistic. The HPAP loan is:
The HPAP ...
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Are closing costs lower on a cash deal?
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I'm out of Conventionals! Relocating to Pensacola to build my next empire.
My guess is there are many variables from bank to bank and I'm in the process of tracking down different banks to ask these questions but wa...
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BP - I working on my first flip and looks to be profitable, but I was discussing with my Lender, and he mentioned there were restrictions with the buyer's lender when selling if the price will be more than 20% more th...
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Hi,I was doing some research and saw that Bridgewell Capital does a lot of advertisingfor hard money lending in my area (Orlando, FL).I wanted to see if any individual investors have had any experience working with th...
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A mentor of mine with 400 units had said I can use a large seller credit to cover most of the down payment on a property I'm looking at. The DSCR lenders and Commercial bankers I've spoken with don't know what I'm tal...
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I am just starting out learning about REI and have a question. I don't get the concept on the cost of using hard money lenders VS conventional loans. I would like to eventually buy houses to rent. Wouldn't the high in...
Hello,
Is there a mortgage program in Florida that won't count my student loans in the debt to income calculation? The pay as you earn has my payments at $0 a month. I know NY has SONYMA loans. SONYMA won't count stu...
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I am part owner of an LLC which holds our two rental dwellings. We bought them in cash and have proceeded to do some renovations on it. How do we get the money out to redeploy it elsewhere? On the podcasts, the term ...
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Hello everyone! I have found a property, well it kinda found me. I think this was all meant to be. An, although I am scared *hitless to jump in, I would be so dumb to not even try! So, here I am trying to figure out t...