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I have a property that I may be selling to a builder as tear down and the builder states that he needs a variance in order to build the size building he wants to build and he can't be sure he will get it approved. Bec...
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Looking for some advice and or creative ideas on a commercial property I'm in contract on. Seller has offered to hold 10 to 15% of the property at a great rate for 8 years. I'm being denied a mortgage because I'm only...
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Looking for some advice and or creative ideas on a commercial property I'm in contract on. Seller has offered to hold 10 to 15% of the property at a great rate for 8 years. I'm being denied a mortgage because I'm only...
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I'm wanting to know what loan type I would use to build several tiny houses on one small piece of property to use as air bnbs. Would a first time home buyer loan potentially work?
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Just wondering... Many lenders advertise that they offer loans based on the deal..... the cash flow, dscr and other data. But my recent experience seems to indicate that a medium FICO is also a major requirement....
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When I'm negotiating with the homeowner should I tell them my flip cost, the arv, and how much I may profit or is that not something you need to do
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I've been in contact several times with the listing agent of a five-unit property that is being offered with seller financing. I am an investor (and not an agent) and--if further initial due diligence pans out--aim to...
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I listened to the podcast with Pace Morby explaining seller financing but I am confused on the part about servicing the property to lower DTI. Can anyone explain this in further detail. Like how would I go about findi...
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I recently bought a home in September using a USDA Rural Loan and Secured a 4.5% interest right before the hike. The homes purchase price was $157,500 and appraised for $165,000 so I purchased with some equity. I want...
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Hello all,Rookie here, and I am researching my markets, trying to nail down actual expenses, costs, and the like. I have reached out to two different independent agents that service the Detroit 48205 area I am current...