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I recently attended a "Financial Planning" class at my job. Someone asked about the "Interest Only Loans". The instructor said "NO, NO NO". I was wondering why. He didn't get into it he just said it's only good if you...
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I was wondering if I wanted to purchase a Foreclosed Home.. What is the best loan to pursue for Purchasing and Rehabbing? Also how much should you over estimate on every project for unforseen issues that may accrue?
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Thanks to BP fellows for the inspiring suggestions in my another thread of investment opportunities.
This is a continued question from that post: what's the financing options on commercial real estate properties, for...
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Hi I am looking to do a cash out refi on 6 properties, can anyone tell me if I can put them all under one loan or do I need to keep individual mortgages on them.Any help would be great and thanks for you helpRyan
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Really excited to get into REI, however the one question we can't seem to answer for ourselves is this..
Do we pay off current debt first (credit card, vehicles, student loan etc) or do we keep paying our bills and sa...
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Hi All,A few questions here.1. Have anyone self-originated a promissory note (pledging their properties as first lien with a mortgage note) before? What I mean is, instead of finding banks, FHA, commercial loans or Ha...
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Hi,
I am a first time buyer and have been saving for my first rental property with about $30K saved. I am looking into loan options for my first property deal. I was wondering thoughts on getting a conventional loan ...
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So I'm looking into buying a home in the near future. The program I'm interested in is the Smartbuy. They are willing to pay off my student loan of $32,000. My concern is that the APR:7.152% and LTV: 95% with an inter...
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I’ve been investing in SFH for the past 10 years and recently got an offer accepted on my first commercial property. It’s a NNN in Louisiana. From lenders we have spoke with we have only been offered 5 year fixed loan...
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Hello! I’m not sure if what kind of loan I should go for when it comes to rental properties. I have zero debt and my credit score is 778. The only problem is that I don’t have 2 years worth of work history. Are there ...