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Hi all - so I want to get into the buy, rehab, rent, refinance, repeat method of real estate. I have found single family homes in the area in which I am looking that need proper work. Here is where i get confused. On...
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I’ve heard of people getting rehab loans where you put down %20 of the acquisition price and %20 for the rehab and you get much better terms than an HML. Has anyone found a local bank in the Chicagoland area that offe...
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Am I correct to understand that a bank or credit union will not negotiate their current set mortgage rates for a small time rental property purchaser? I do believe some banks may have slightly different rates. Do ba...
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We've located a great Duplex that the seller owns free and clear, so I was going to put owner financing on the table. I was just curious about what the benefits of doing Owner Financing and then refinancing with a ban...
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I've looked into real estate before a few years ago when I was working, but never actually went anywhere with in. Fast forward a few years, I'm now a stay at home dad, and would love to help contribute financially for...
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Hi everyone,I have a question that came to my mind today. I recently purchased my first property (from a wholesaler) and plan to fix and rent then Cash out refi. I was always told that it is better to use someone else...
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Hi thereI just became a 1099 and I am not eligible for a loan for a while, regardless of my current assets in retirements funds. How do you find hard money lenders?What are my other options? Family/friends isn't an op...
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I am looking at a flip where the sellers owes 82k(7k over my comfort zone ) @ a rate of 6.5.
They are open for any terms i layout. That' said, rather than tie up traditional bank funds I can use for other de...
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Good morning, I'm seeking for Highly Recommended Mortgage Lenders local in Union County NJ. Than you kindly in advance.
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Hi,I need help figuring how @Brandon Turner came up with this monthly payment. I came up with $554 a month. Here is his blog. Please help me out. What am I missing? I want to purchase a particular rental house but do ...