I'm in the process of trying to purchase a rental property and wanted ask about adding a mortgage to a property later. In a perfect world, I would pay all cash for the property now and then maybe a year or two later i...
Hi everyone,
I purchased a property via 2nd lien foreclosure in Los Angeles County. I am going to be an owner occupant in this property. I am having trouble finding a lender who will allow me to cash out the differe...
I'm wanting to purchase a duplex and a single-family home simultaneously. Can I use a conventional loan or will I be required to obtain a jumbo loan? I read jumbo loans are not easy to get. I understand selling one of...
Hi all HELOC experts :)We are in the process of getting a HELOC for our primary, to be used as cash-equivalent to fund investments. After shopping, we opted for one bank however they just came back to us with the prop...
I’ve talked with several lenders and have found a few that do have programs to loan within an LLC. The problem is the rates are so high (6.5% -8.5%) for a 30 year fixed that it would require me to get a really super p...
Hi bought a personal residence condo in 2009 for 480K in Southern California. The area has improved. It's been rented out the past 7 years, minus a 9 month personal-residence stint where I refi'd to a great rate (3.62...
Hi Everyone,I am planning on taking the step on doing my first BRRRR in the Charleston area. I plan on using a HELOC for the down payment and rehab. I have a team in the area to do the rehab and a trusted realtor. I’m...
Hey guys! First time posting here - stumbled across this forum recently and what a great community!So I was fortunate enough to buy my first condo in the Greater Vancouver area in 2020 for myself, and the property val...
Hi everyone, I am buying a home for myself, a 650k home in the Chicago area. I have the money to put 20% down. I just want to be smart before I buy and ask is there is anything else I should consider on the financing ...
I have been investing in real estate for 30 years, am a licensed Realtor, and have a 800+ credit score but have never done a Private Money loan so wanting to know what is normal for rates and terms. Situation is that ...