Hello, I'm about to close on my first rental property. I'm going the traditional 30 year lender mortgage on my personal name I'm not sure if they have a due on sale clause but lets assume they do and I can't move this...
Hey Team -
I wanted to get a general 'take' on my situation now having shopped around for a 30 yr conventional - I secured pre-approval from a few different lenders, one being a community bank in Texas, and the other...
If I am investing in vacation property in Hawaii will I need to get a mortgage with a bank there?Kauai is where we have started to look on the north shore , and the topic has not even been thought about yet.I suppose...
BP,We are always talking about banks here, whether it be about how to get a loan, or what type of loan/LOC or refinancing, interest rates, etc. I don't see many posts regarding business account setups and accounting ...
Hello everyone,I am in the process of buying a multi-family in Fort Lauderdale, FL. It will be my first property in the USA. I decided to go with TD Bank for financing. Among all the regular requirements for documenta...
Does anyone know of any investor friendly banks in the Pittsburgh area? I am looking for banks that are willing to provide financing for flips, whether it's just for the construction or the entire deal. I know hard mo...
I'm looking for advice on selecting a bank to fulfill my personal and business needs in the metro Detroit area. I would like to be able to easily transfer funds from a personal account to my LLC's business account ...
What do banks look for? Are there any loan officers/underwriters here that can chime in?
Here is what I know. I believe that loan officers make about 1% on loan amount. So, they are always looking for solid invest...
So I have listened to the 22 1/2 steps podcast (again) and am working though some action steps. I admit, I have been stuck in the analysis / education loop. So I did some driving for dollars around where I work. Fo...
What do you guys think of bank statement loans? Typically a lender needs to see 2 years worth of taxes, but I'm freelance and had my accountant minimize my tax liability and now I wont qualify for a 2nd mortgage.I was...