Chad Kamerad
are these good terms?
I think this is a good deal and a good bank to work with. Just wanted some feedback. The terms are as follows: 20% down commercial 3.5% 5/1 ARM 20 year loan. Loan gets adjusted every 5 years and will not be raised ove...
Lana McGrady
Financing a Owner Occupied Flip ARM??
Hey there, I'm about to sell my perfectly fixed up 2 bedroom townhouse (I didn't fix it up - I only put down hardwoods) and I plan to get a house I can flip - I plan to live in it while fixing it up as I'm making quit...
Philip Johnson
Strategy around ten property limit for Fannie ?
It's great that non qm commercial lenders are out there but I am the biggest cheapskate of all time. I still buy from the value menu at burgerking and have a paid off car with 200000 miles. So I don't wanna pay that ...
Ryan Terrio
Refinancing Non-Warrantable Condo
I would like to refinance a condo in Destin, FL being used as a short term rental. I found a lender who offered rates that seemed too good to be true (6.125% 7 year ARM) but found him through recommendations from othe...
Michael Babb
Rental Property Dilemma
I currently own a few rental properties in the Colorado Springs, CO area, but have one in particular that I could use some advice on and how I should move forward.The short story is, I purchased this home in 2006 when...
Jim Douglas
Help! Commercial Property / Family Partnership
I have an opportunity to invest in a commercial property and need some help. This is the backstory. My grandmother's trust is attempting to liquefy all of her assets. One of which is a commercial building th...
Damian Seguen
4Family with FHA, Refinancing is a Nightmare!
Hello BP, I’m brand new to the Forum. Would love to actually get some advice from people in the industry. Have enough “employee mentality” family steering me away. I’m 29, 2 years ago, Purchased a 4 family with FHA(34...
Matt Hein
'Simply Start' goal accomplished!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $111,000
Cash invested: $35,000
First property. Goal is to simply start.
A great opportunity to move from theory t...
Mark Feldman
Is 30 year fixed loans still a thing? (with reasonable rates)
Hello all,Curious if anyone had success with long term financing for multi-family recently. Seems as we were waiting to season the property, things changed.Mark
Melissa Smith
Hard Money to FHA primary - issue with State of TX
Hi there,
I have a hard-money loan in Texas under my LLC. The intent was to convert this loan to an FHA and use this property as my primary residence once rehabs complete. I don't qualify for conventional due to a ...