Hi all - Pretty new to all of this - currently on my second property in Chicago. Purchased a 4 unit building for a gut rehab - I have short term construction financing in place that will need a take out loan upon comp...
Hello all, My wife and I are considering several cities to invest in short term rentals. We are looking at areas where we would also enjoy to take our family yearly. Can you provide some insight on Asheville NC?Is Ash...
Anyone have opinions/experience with obtaining a conventional loan with a bank vs. credit union for rental property? Pros and Cons? Are there better interest rates or amount of loans with one vs. the other? Speed of c...
So I was wondering what the reasoning was behind such a high interest rate on condos? 10% is super high. Anyone have any insight?
HomeReady and Home Possible are a pair of loan programs with slightly reduced interest rates, and Home Possible is notable for it's use in "house hacking" since you can do 95% LTV on a 2-4 unit property and get a bett...
Hey BP community. I have a tenant that might be interested in renewing their lease. I had a couple of questions in regards to renewing. Do I have them sign an entire new lease? Is there a limit to how much I can incre...
Hi Everyone,Are there lenders (non qm/llc) doing 80% cashout refinances on single family nowadays? I know there were some last year but it seems they are tightening their LTVs.
1.Why do different brokers quote different rates, different dwelling values with the same carrier?
2. Why do insurance companies not offer multi SFs discount?
3. Why are portfolio insurance twice the pr...
Which banks are providing the best LOC rates and limits right now for real estate LLC's?I am heavy in collateral but light in-cash for cash purchases.Thanks for the help.
I am looking for locals lenders that offer fixed rate loans for 15 or more years to investors that already have 4 or more loans. It cant be Fannie Mae of Freddy Mac becease I believe they currently limit to 4? Please ...