When trying to obtain financing for an investment property , how do you get around not having seasoned funds in your account.
I'm looking for some direction in determining loan type.
I've only used local banks for my smaller multis. This year I plan to purchase a multi for $1 million or more (which i believe is the minimum for fannie mae/f...
Hello, I’m looking for a new computer or tablet. I’ve been using a Mac for the last 5 years but never really got use to it and I’d like to go back to windows. Looking for something reasonably priced. I just need somet...
Hi there. I'm trying to raise funds from my family and I am being asked to produce pro-forma scenarios at 2, 5, and 10 years which should include IRR and ROI.
Given that the seller is financing the deal for the 2 ye...
Hi all,
I am a busy IT professional. My realtor would be helping in placing renters for my first local rental property. However for ongoing management, a full service property management company would be an overkill....
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $3,175,000
Cash invested: $1,915,000
National Road is an 84-unit complex developed in 1963 and include...
Hello,
I was made aware that there is a product called a SOFR DSCR refi... it's an adjustable rate refi. Can anyone with experience w/ these types of loans comment on: pro, cons, experience and lender used.
thanks
I currently have a house under a mortgage and am having a very difficult time finding a way to finance an investment property. There is no chance we can qualify for conventional in our area as anything over 200k will ...
Acquiring 88 units out of 200 units in a fractured condo deal, we knew going in, getting the terms we wanted we're going to be quite challenging. History on the property ... back in 2004 this property was ran as a 200...
I am currently looking at a duplex deal that will require a $50,000 down payment. I have $20,000 liquid now, and I recently sold a business for $30,000 however I allowed the buyer to make $5,000 payments over the next...