Steve Johnson
Closing costs and how to factor them into the investment decison
Good Afternoon Investors,I am a new investor and am assembling the pieces in preparation for my first deal. My question is about closing costs and how to factor them into the project cost total. I understand that c...
Grant S.
HomePath Investor Financing - Minimums
I got a call back today from a HomePath Mortgage Company on a property I am interested in. It is a 2/1 that is currently listed at $22.5k. The Loan Officer I spoke with told me that a HomePath Mortgage wasn't an optio...
Jimmy Wen
Lost rent due to coronavirus - what financial aid can I get?
Hi all,
I recently bought a duplex but couldn't find any tenants due to the Coronavirus epidemic. What type of financial aid am I eligible for? For example, would I be eligible to apply for SBA loan?
Best,
Jimmy Wen
Robert Howard
Using REI for children's college fund.
I watched an video by @Brandon Turner that talked about a property that he purchase and put a 15 year mortgage, so he would be able to refinance it about the time his daughter is ready for college. My question is wil...
Nathan Kawalerski
Interest rate on duplex
I realize it’s subjective but I just got quoted 7.3 APR on a duplex investment property mortgage with a good credit score from Wells Fargo? Seems a little high. Anyone getting better quotes?
Michael D'Alessandro
2-4 Unit Financing (Owner Occupied)
Hello,I have been reading/hearing varying information regarding financing options for owner occupied 2-4 unit properties. I realize lenders can provide a multitude of programs from lender to lender, but I wanted to ha...
Kevin A.
Increased salary, temporary employment & effects on mortgage
I'd like to get some input on my current situation before moving forward in meeting lenders for my first purchase which would be an owner-occupied multi-family house.Early last year I got into a Union which operates a...
Brett Roach
Best Lenders in Twin Cities area
For the Twin Cities area, what are the best investor-friendly lenders for refinancing or obtaining a conventional loan for single family homes for renting out?Also, what are some investor-friendly title companies?Than...
Chris Mcdaniel
hard money loan advice
Ive been reading about hard money loans and other types of ways to access cash. Anybody have experience with this? And if so can you please share your experience/advice. Thanks
Account Closed
Hard Money Lending????????
Can anyone give me some info. on hard money lending? How much money would I need to have, what are the rates and terms? Thanks Hugo.