Hi All:I own a property that is currently a rental. I am interested in tearing it down to build and sell. Currently, I owe approximately $170,000 on the loan. I estimate construction costs to be around $250,000. I was...

Quick summary.  Sfh rental.  Owned this property for approx 10 months.Tried going through Wells Fargo, since I've only owned the property for 10 months they will go by my purchase price.  Other institutions I'm findin...

Hi folks,Hoping to get feedback from agents, investors and mortgage pros on strategy to acquire a second property in the next 18-24 months, while converting current property (primary residence) into my first rental.Cu...

Hello, Researching information. I would like to purchase a rental property. If you don’t have 20%, can you borrow from private lending institutions? Any list of such institutions? What are the fees? Thank You

I am/ was in the process of refinancing a duplex which was done by a local credit union and held as a portfolio loan. The mortgage officer told me I would need to pay the LTV to remove PMI and put me in touch with mor...

Looking to establish a preferred lender relationship. Please reach out if you offer 15% down on DSCR under $100k purchase price in rural areas of NC. 

HI BP community,Newbie question here.  The question is for multiple property/multiple loan peeps. I am looking to buy a property soon, very soon. My husbands needs to refii his rental but can not qualify ( through con...

After extensive research on HELOCS, I found only one bank (or credit union) that offered a HELOC on rental properties. They only allow a 60% LTV and a rate of 6.125% based on prime of 3.25 plus margin of 2.875. Is th...

Advice needed on how borrower should proceed with collecting overpaid Mortgage Insurance Premium. FHA loan met 79% threshold as of September 2016 and borrower requested cancellation of MIP payment early 2019. Amount o...

Anybody have success with a specific lender for 75 LTV cash out refis - particular on 2-4 unit small multifamily (pure rental, non owner occ). I've always had a lot of success with FirstBank, but they've recently gone...