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Hello! I could use some advice please :) I am buying my first investment property, it will be my first second mortgage as well. The home will be designated solely as a residence for my mother and minor sisters for at ...
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I looking at making my first deal this year hopefully, this summer. I would like to find a lender so I know how much I can be looking at when I want to invest. Does anyone have recommendations on who I can go talk to?...
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I'm looking to house hack in San Diego with my VA loan benefits and need an investor friendly lender. Specifically, I want to purchase a 2-4 unit property, live in one unit, and use the others for STR, long term, or a...
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I am looking to buy and hold in the state of Delaware. How does the hard money lending works??? Any advise on things I should know? How long does it take to refinance and pay the lender???
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HI all, just had a question about some refinance options. I currently own a home that my mother is living in, and while she's covering most of the mortgage my interest rate is very high (nearly 5%) due to a mistake on...
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Is there anybody offering 10% down on Jumbo Loans in Southern California..
I was told that this isn't possible right now and that given the current market most people want to see 12 months of reserves. Was curious wh...
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Real quick we live in Maine, own 1 rental home in Arkansas. We can't figure out where to buy our next. Should we keep it close to home? Or should we keep all rental properties in the same state. Both areas are great p...
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Hey guys!I read this article(link below) by @Andrew Syrios and I have talked to several lenders that I know in the area about this. None of them have any experience with this or have even heard about it. The premise...
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FYI Because I think this will have a larger impact on pricing than the shelter-in-place orders. Not only have interest rates crept up but overall terms like reserves/escrows and debt service coverage have increased bu...
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Hello everyone.......Question.......I've heard that NOI only applies to commercial properties. Can we use this measure for single family homes, duplexes or quadplexes? Can someone explain why or why not?