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First time vetting hard money lenders for a flip I have under contract but not closed yet. One potential lender has attractive terms (8%, 2 points, 100% financed, no prepay penalty), but on the phone he has very spott...
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I don’t own more than three properties. However PenFed never did ask me for my tax return. It literally was an application, last pay stub, purpose of the loan statement, property tax statement, and having them added ...
I am not sure if this is the right place to post but hopefully someone can offer insight. My mother-in-law recently signed over her home to my husband. There is no mortgage on the property however there was a tax l...
I've done a lot of reading and planning and I am very excited to have entered the world of real estate investing. I bought a piece of land and used a friends GC license to build my first investment property. (I'm pre...
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I'm in the process of negotiating a deal with a home owner where she would finance the deal. She owns the property outright and is wanting to sell but has had others tell her that if she just fixes up the property (to...
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This has probably been asked a lot, but I searched and could not find the answer. We have been in our current primary residence for nine years now and have an FHA loan. We are looking into a 4-unit rental property. ...
Hi everyone,I'm a recent college grad (working full time for a month now) and I've been trying to obtain financing approval for the last year or so while working part-time and finishing up my undergrad. I'm aware of t...
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Where conventional and government-back financing have remained difficult loans to qualify for, more and more borrowers are flocking to bridge lenders for loan approvals. Bridge lenders offer a non-traditional form of ...
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I am about to negotiate on the purchase price on a multifamily apartment. The property is owner managed, out of state, never renovated the property all the years of ownership, good location and mis managed . They are ...
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I have a motivated seller that has a house that is owner financed. She's is willing to give us the house for what she owes and us assume the loan. Ok so we submitted an application with the person that owner financed ...