I’m in negotiations for a sale by owner property.. We plan on doing a wrap around loan and I like to know what’s the best way to go about this cost effective and secured.. He said we can use a 3rd party send them the ...
Hi everyone, newbie here and trying to buy my first commercial vacant lot. Any suggestions on how i can get a loan?
I've been looking at FHA loans to househack a multi-family and had some general questions. Theres a minimum of a 3.5 down payment, could this be higher than 3.5? Say 10% or 20%? If I pay the 3.5 and saved the other 16...
I was wondering if anyone has had experience using a 401k loan for capital towards buying an investment property? Most company 401k plans (including mine) allow you to take out a loan of up to $50k (or the lesser of 5...
On a full doc loan I'm being asked to verify timely mortgage payments for the past 12 months on all mortgages. What the heck is the credit report if it's not a way to report timely payments. What's the reasoning be...
Greetings,I am currently in the process of purchasing a rental. I was just notified as my contract went into underwriting that I need to clear this case I have against me before we can proceed with the mortgage by th...
Ok, who can help me out here. I'm looking at a potential rehab, and likely need $170-$200k for purchase+rehab+holding costs. Are there any legal issues with pooling money from multiple sources like family and friends?...
What do you guys think of this program? Any draw backs? Anyone here use it.
I had actually never heard of the program until a realtor mentioned it this weekend.
They allow up to 35k in renovations to be wrapped into...
I’m planning on making an offer on a house tomorrow. If the bank accepts, I need to give a 10% cash deposit within 48 hours. Ok, I’ve got that covered. However, I plan on using a hard money loan on this transaction as...
I’m over in the Richmond, VA market and currently looking for a hard money equity lender. By equity lender I mean to say one that loans solely based upon the equity base in the property. Someone who’s ONLY concerned w...