Kevin Branin
LTV For a Business Plan
So, I know that banks have different LTVs for different things, and I assume it is mainly based on risk. Typ home mortgage: 80%... Refi: 70%.... Hard money: 65%What to you take into account when your deciding on ...
Emil Kostov
Need help with DSCR quote
This is my first time buying an investment property and I have tried my best to learn the basic aspects of the process but the more information you have the better you get. A bit of background first, I was able to get...
Adam Stroik
SFH Rental Loan Product Options
Anyone have any luck finding an 80% or better LTV on a cash out refi for a 15year fixed rate mortgage? SF Home is in Wisconsin and a lot of my local banks are coming back with 75% LTV. 75% will just cover the HELO...
Marcella Sykes
Hard Money
Hi Everyone, This will be my first attempt to secure a hard money loan and I would like to know what to expect.Is the loan based on LTV or ARV. What type of interest is the norm, how many points should I expect? How ...
Shervin Fakhravar
Investing as foreigners - mortgages
Hi!Me and my three close friends are stuck in the phase of finding a lender for us as foreigners (hi from Sweden!). Our common goal is to invest together as owners (leaning towards LLC) and do it through BRRR to be ab...
Shawn Henley
To HELOC or not to HELOC
Hey BPers-I am beginning to search for my first deal which will be a flip. Before I go full steam ahead, I need to line up my financing. I have been researching and talking to my mortgage broker about obtaining a HE...
Arijit De
MultiFamily Financing for smaller loan amount
I joined BP just yesterday after the webinar - I have been reading posts and articles in this website but yesterday's webinar convinced me to join the Pro membership. Thanks for all that you guys do - its really aweso...
James Meyer
Advice on 3rd home!
Hi all. New to the forums here. I currently own a rental under a VA loan and one home as my primary residence under a FHA loan. How do I get my 3rd property without have to put 25 to 30% down? I don’t want to take lie...
Jim Hiler
Refinancing a rental property
Dear BP - I have a rental property that was originally my primary. I purchased it with 5% down in Sept 2009, at a 5.375% interest rate. Due to my taxes going up, still paying PMI and not putting enough down I'm negati...
Calvin Ozanick
Financing My First Deal- Wisconsin
Hello BP World,I am a property manager in Southern Wisconsin and I work with numerous investors. I am curious about some creative financing some of you may have used in the past. I understand typical means of financin...