In everyones experience which banks offer the lowest down payment on conventional loans for investment properties? The bank I use requires 25%, is that customary or relatively high?
Greetings bp!we are in the process of acquiring multiple multifamily portfolios as we have a significant 1031 exchange amount. We are already 10 units in and are in contract for another 27 spread across multiple State...
So I am able to save around 7K/month. Most of that goes into stocks right now but I have decided to look at SFRs (I own a few duplexes). I only have about 10k in savings and was wondering if I should wait 3-4 months t...
I am about to buy another warehouse for my portfolio. Rather than doing a traditional bank loan I would like a better rate. Is there any banks in Upstate New York you guys know of offering better rates for commercial ...
Hi All, New here and wondering the best way to finance a 3 unit i have my eye on utilizing the over $200k in equity in my home without putting down cash. I was thinking down payment with a HELOC but the repayment term...
I’m looking to get my business credit started. I have read a few books and watched a few videos. All seem to agree that you must get a physical address that is not your home or a PO Box. Does anyone have a suggestion ...
These are all best execution for a well qualified sponsor. The below terms are live as of this date, for a rate and term refi (no cash out).
From left to right:
Points: 1, 1.25, 2.
Prepayment penalty: 10 years, 3...
AfternoonHave a question about securing the lowest down payment loan for a duplex of which I'm interested. The asking price is $160k, so 20% would leave a down payment greater than $30k which I have but would rather k...
I am looking to find around 50k to fund a deal myself . I’m only 20 years old and credit isn’t all that good. Is there anyone out there who knows of any company that could provide a loan solely based upon the project ...
Hello all, new to the boards here, I have a question re my IRA and tax penalty - did a 50K draw (60 day rollover) from my IRA (Traditional) to cover some credit card debt and medical bills and had planned to redeposi...