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So from my understanding banks will eventually turn you around after you’ve hit your 10th loan.... some earlier.... My question is, how do you you get more loans to get more deals and more cash flow? Do you sell a few...
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I hope this is in the right forum and I hope it's not an ignorant question? When purchasing on terms do owner finance payments help offset seller's debt-to-income ratio when trying to purchase another home? Basically,...
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Hello BP!
Recently went under contract on my first property! It is a duplex in Racine WI. I made the purchase with a hard money lender who will help me with the rehab costs and I want to refinance and pull all my m...
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Hi BP'ers,So i purchased a duplex all cash and i went to my local lender at chase to get a ReFi and was told that they cant do it since my holding period is less than 12 months. Are there any alternative ways/lenders ...
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I am purchasing an off market property in Rocklin, CA using all cash. However, I'd like to refinance asap based on current market value. I looked into Delayed Financing but it only provides financing on the Purchase P...
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Ok, here’s what I’m trying to figure out.As a first time real estate investor, I understand what’s available in term of funding the purchase, for the most part.If we go the hard money/ private lender route, we’ll need...
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I owe a property under a C corporation. I am listed as president of the corporation and able to make decisions on the property. The property is Free and clearI need to do a cash out refinance but the lender says I hav...
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Hi guysI am doing a BRRR deal in Sacramento ca. my loan officer tells me that when I refinance the loan it will have to be 75/25 LTV. Is this information accurate? Is there an alternative solution to this where I can ...
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Hi All, I am one of three individuals hoping to purchase our first rental (single family or duplex) in the coming months. We keep getting different answers on which kind of loan we need and how to apply for it. We are...
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Hey! I have a property I’m looking to buy. One bank is lending over 30 years and the other over 20. With the 30 year, my cashflow is much higher. The 20 year lender is trying to convince me a 20 year loan is better fo...