So I’m acquiring a duplex and my lender gave me a 4.125% and is trying to charge me 1.582% in points. I also own other properties so they are saying this is normal once you are reaching loan capacity. Is this normal t...
Investment Info:
Single-family residence buy & hold investment in Sevierville.
Purchase price: $220,000
Cash invested: $68,000
Contributors:
Rhonda Blue
This Newly Renovated Short...
Hi! Novice looking to get into multi family investing in Detroit, Cleveland, Columbus, or Cincinnati. Currently own my home and two other properties which I do STR and LTR in. Hoping someone could help me get into mul...
Please let me know if I’m seeing clearly Here? (This is for the Bay Area in California)-Home is 330,000$ (paying cash)-Closing cost : Buyer and seller agent fee, Property, title, escrow, misc @7.5 % =24,750$ -rehab co...
hello everyone, i was wondering when using conventional financing who determines what percent down payment should be? is the down payment percentage negotiable?
Adapted from a twitter thread:Looking to pay a higher interest rate to finance your next investment property? Choose a non-QM "DSCR" loan for your next investment!😉
OK - higher costs aren't fun, but here are 5 ADVAN...
I am applying for a DSCR loan and am now a renter myself. I’m being asked to provide 12 months of cancelled checks in addition to a lease to prove that I’m renting. Providing a copy of the lease makes sense but havin...
Hey there,I'm interested in utilizing private money lending for financing while I save up to use my own capital along with Hard Money Lending. Im curious about how the successful private money lenders have established...
I got 50K sitting aside. I wish to use it for an appreciating property. I don't like stocks etc. Since I'm a new immigrant with no credit score, a DSCR with 30-35% down payment is my only option, so the 50K need to in...
hey good morning i am in a little dilemma. i’m looking to buy my first house, but I recently started a 1099 job and I was looking to get a loan from the bank but I require two years of tax income for the 1099 in order...