If I have an investment portfolio with say Charles Schwab who does market investments as well as mortgages, will they consider my portfolio in qualifying me for a mortgage or at least the lowest rate.
I want to sell one of my properties to a woman that has no money but she is inheriting about 1/2 the money in February after the six month waiting period. The other half is tied up in a house that is listed for sale....
when using a single family home as collateral for a future commercial loan, does the lender do an appraisal before determining how much your approved for or is it my responsibility to have it appraised first
HiI have a note and wanted to use it as collateral for additional financing. What information would be needed and where is the best place to start? Who can facilitate this transaction as well?
Thank you
Vipul
Hello Bigger Pockets Geniuses!Please give me your opinion as I am very new in this.I have a SFH worth 250K at least, owned free and clear. I am trying to rent it out, my first time doing it, so doing repairs according...
Can collateral be used towards the down payment when using a FHA loan?
I was recently told my bank, Wells Fargo, (I know, I need a small community bank) no longer does HELOC's, but I was wanting to use my house's equity to make a purchase.
Does anyone know someone who can help me tap ...
Hi Everyone,I just recently purchase 5 acres of land for $65k. The land is intended for my wife and I to build a home in 5-7 years. With that being said I was curious how I could utilize this land to purchase rental p...
Any recommendations of lenders that will use a note as collateral on a line of credit?
In other words I have a few Owner finance notes that I’m looking to leverage for cash. Thanks!
Does anyone know of any lenders that accept crypto as collateral? Most DeFi platform loan have very short loan terms, which got my thinking that perhaps a hard money or private lender would accept crypto as collateral...