Since this would be my first cashout refi, I'm wondering if I'm missing anything hereProperty: existing mortgage has 255,000 left on a 30-year fixed at 4.25%, property appraisal estimate 410,000- current mortgage is $...
What conventional mortgage interest rates is everone seeing for single family rentals right now?
Ok so I am completely new. My parents bought a house using a conventional loan and marking that property as an investment. I would like to buy that house but using a FHA loan and I am a first time buyer. My question i...
I am a new RE investor getting ready to buy my first deal. I plan on using money from equity in my house currently at 4.5%. I have talked with a couple different banks around the Lexington, KY area and have a few di...
Does anyone know any lenders that will refinance a hard money loan in 1 or 2 months so I don't need to wait out the seasoning period?
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I am going to be buying a duplex to owner occupy or "house hack". The price is around 125000. Now I can either FHA at 3.5 percent down and go that route. I also found a lender that would do 10 percent down conventiona...
I am currently extremely interested in a half way house the appears to be underpriced and cash flows very well. However, when looking at the lay out I have contemplated turning this 8 unit property into a Triplex, inc...
Hello fellow BPers, I am currently under contract in a deal that I'm unsure what route to take - put 20% down and take a conventional mortgage or buy all cash and refi after a few months. Here is the situation: the pr...
Looking for lenders in Georgia other than conventional banks. HMLs, owners willing to seller finance or subject to properties. Can anyone refer solid HMLs with good terms on buy&fix loans. Thanks in advance!
I’m very new and I just have a quick question and thought I’d come here. Ok so I have a hard money lender that charges $3500 or 3.5% (which ever is greater) origination fee. Say I find an off market rental for $40,000...