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 ...
Hey Everyone.
Question: I'm currently on a 30 year loan and about to refinance for a 15 year loan. At the same time, I'm about to apply for a HELOC to leverage the 150K equity on my home to secure some funding for my...
Real estate investor here with a few properties in my portfolio-all with a partner. Our properties are all single family homes or condos.Our usual process is 20% down and 30 year am schedules. However, upon closing o...
Grandmother has no retirement. Looking to help her out and buy her house from her accomplishing two things: paying off her remaining balance of ~$30,000 on the mortgage, and giving her enough of a monthly annuity from...
Does anyone have any experience challenging a county assessment of property value? The Wichita Falls county assessment is attempting to raise my property value fby $10k for the second year in a row. I didn’t object it...
Hey All!I'm planning to purchase my first SFH and do a house hack at the end of this year to get into the REI game! A local lender has a first-time homebuyer program that offers 0% down with no PMI and $2k towards clo...
I don't know, I feel pretty bad now.....So I have a loan that matures soon and due to its commercial nature (TIC), I can't seem to find a new lender...So the current lender offered to merge this loan onto another prop...
I bought my property last year September. I wanted to refi but I am unsure of the 1. the process 2. is it the best call? due to it only being a year and not much equity in it. I understand alot variables contribute to...
Hi All,
First-time poster here. I’m currently in the pre-approval process to purchase a 2-4 unit multi-family property. I’ve approached a local bank in Upstate New York offering a 30-year loan with a 10% down payment...