Is a business purpose loan which is secured by borrowers primary residence similar to a business purpose loan secured by a investment property?
Are there any special criteria which the lender has to meet for...
Im finding mixed reviews online about this question. I'm a 1st investor that will be financing my 1st flip. I've encountered a handful of deals, but they were cash only.
Are there houses listed as cash only that I c...
What will be the challenges of getting credit from the bank to start real estate investment when I only have $30,000 on my bank account? How to encounter these challenges?P.S.I am a newbie in this industry, and I am n...
What’s wrong with what I am doing. I have been getting leads and deals coming to me but I can not get any funding for my deals to save my life. I opened my first credit card in July to build my credit. I made and pai...
I’ve been researching Fannie Mae smaller apartment loans. I haven’t been able to figure this out: if the debt is non-recourse, why then does the total net worth of the borrowers have to exceed the loan amount? Is ther...
Hello everyone, I´m new in this community, I will thank all your comments and advices.I`m a realtor and financial consultant located in Cancun, Mexico. We offer mortgages to our clients from USA and Canada who want to...
I was doing the cash in/out math on the BRRR method manually to get a better idea of how it's all calculated. The last piece I don't hear much about but came to realize is in the last R, you have to schedule/plan for ...
Ok so say Ive got a few nice income producing rentals that are owned by my LLC... How do I go to the banks and get additional funding for more property acquisition by collateralizing the existing properties? Ive heard...
Hello BP and thanks in advance for any help you can provide.I may have the opportunity to take control of a SFR property in Detroit using a lease agreement. The owner is highly motivated to not deal with the property;...
This may be more of a "in theory" question but if borrow all of the downpayment and the owners carry the rest, is that considered a 100% leveraged deal? TONS OF RISK? Or do you guys see it has a 45% leveraged deal?T...