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Hi All,
I am new to RE investing. I recently opened a LLC and purchased a single unit property (cash purchase). Goal is to have 4 or 5 units at the moment.
My question:
Is it ok to give out a loan (from my personal ...
Calling all loan officers:I am not sure if anybody can assist me, but I am going to take a shot. We completed our 2nd flip in March and received a full price offer within 5 days. Originally, the buyer was doing a VA...
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Hey I'm new to investing with a background in home renovation. A friend of mine told me to post on here and ask are private lenders the way to go and if so does anyone know of some who would be interested in partnerin...
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Hello everyone,Last weekend by sheer luck an amazing deal fell into my arms. My very close friend informed me that his mom (recently divorced) is looking to sell her home in Columbus, Ohio and relocate. The house is 2...
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HiI am currently looking at purchasing a 50-60k rental property. My first. I am looking for a loan for that property but it is a little bit of a "non-conforming" property and I also don't have the 20% down for a con...
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Does anyone have experience borrowing residential loan of $50k or under? I heard most banks won’t lend for such low amount. My banker from Chase said he ‘believe’ the lowest amount they can lend is $10k. He doesn’t so...
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Hey guys, I'm still starting out and learning quite a bit about a lot of this stuff, so bear with me. I'd like a little clarity on the mortgage payment you make as an investor. Say I put an out of pocket 20,000$ down ...
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So what's the real reason refi on investment property is soooo outrageous? I'm doing a refi on my personal home, cost about $1200-$3k. Now I'm getting quotes on my 4plex and they want $11k-$14k loan costs.
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I have a duplex under contract and I was intending on using a FHA 203K loan with 3.5% down. However, due to the fact that I've been in real estate just over a year, I can't use my income so I ended up needing to use a...
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Hey BP community! I just closed escrow on my first property and it was through seller financing. I'm now looking for a quality loan servicing company out here in the Bay Area, or anywhere for that matter, if they can ...