C Rich
Have you ever offered cash, but funded with a CC?
For most properties, lenders won't do a deal if a property needs work. Choices are HML or local banks. If you didn't want to deal with that, but have good credit and a 'charge-a-plate' (hee hee), have you ever purch...
Trevor F.
80% Cashout in 2022?
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.
Francois D.
Insurance questions houston texas
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...
Danny Lyu
My 2 Options: Personal vs Commercial Loan
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...
Dillan Gomez
First-Time Investor: House Hacking with a 5/1 ARM?
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...
Diane G.
I find this hard to swallow - 15 yr fixed at 4% with 2.25 points?
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...
April Smalls
Should I Refi?
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...
Christopher Hough
Refinancing Home and HELOC Help
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...
Anthony Bonanni
Financing Issues
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...
Philip Tice
Wait time to refinance when using private lend first?
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...