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Hi all. New to the forums but have been listening to the podcasts for about 3 weeks. Really excited i've found this and excited to start my journey.I currently own a condo. Paid $117k, $10k renovations, $140k appra...
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I currently own 8 rentals and I want to do cashout refi on the two of them in Florida. My lender told me that I can no longer do cashout refi via conventional loan if I own more than 4 rentals.What are my options? Can...
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Hey everybody just wanted some thoughts on my chances of getting conventional financing for an investment property. I know just go ask the bank or lender right? Well I like to ellude that I already have a VA loan on m...
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Hello friends,I am trying to take out a HELOC on one of my rental units (which I own free and clear), and for some reason I cannot find anyone who would be willing to lend. To be specific, I am NOT looking for privat...
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Are cap rates as much a factor in valuations for smaller multifamily properties as they are for the larger commercial deals I'm used to seeing in the "day job"? I'm about to refi my first two duplex deals and I'm jus...
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Hello, I think I found a great deal near me and need help. I located the owner of the house and he was willing to sell.There is no way I can qualify for any type of conventional financing because of my current employm...
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Hello Everyone,I'm currently looking to buy rental property up in Buffalo. Currently, the houses I've been looking at are $50,000 or less. I have enough money for the down payment, but I have heard that a lot of the...
I was wondering if anyone knows of a lender in Corpus Christi that finances for a fixer upper home. Is the 203K the way to go?? I found (in my opinion) a great deal.
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As of 27 July Loan Depot reduced their cash out refi LTV from 75% to 60%. Apparently we missed the 75% by two days.
Does anyone know of any banks still offering 75% LTV? Or has his ship sailed?
Thank you
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Just a quick question maybe that you guys could maybe answer because Ive been searching and can't seem to find an answer. Currently working with someone on getting a loan on an investment triplex... It would be a in...