FHA 203K program vs. Home Improvement Loan vs. Other?
$50K-$60K rehab costs for a duplex.
Need lowest cash in, and lowest monthly payments. Shortest timeline to make ready.
Which one do you recommend?
Hi,I'm a mortgagor of a few investment properties. All of the properties are under LLC for liability reasons. Of late, I've learnt from bankers about severe restrictions on buying additional properties considering the...
These are the options I am getting from my credit union? I would appreciate any opinions and pointers you all can offer.Respectfully, Hodari The first mortgage option that includes closing costs would have a rate of a...
I bought the liens on two single family residences at tax sale, the redemption time will expire soon, (and knowing what I do about the owners), I should own both free and clear. One is owner occupied the other is rent...
HI My sister and I are geared up to dive into property investment with a fix-and-flip project in Ohio. We've diligently saved money and secured a loan to kickstart our venture. However, we're eager to explore ways to ...
Hello all,
I'm looking to buy my first multi-family. I have a large lump sum saved in an investment account for down-payment and any additional costs. I currently have no debt and make under $100k a year. Because of ...
I'd like to apply for a home loan so I can purchase a property in Dallas TX that I'll rent out. I own a small IT Consultancy business in MD and have a good credit score. However, I've been self-employed since 2010. Fr...
Hello everyone, I'm trying to do a detailed analysis on a Multi family property we own. Specifically I am looking to calculate the cap rate accurately. I understand that NOI/purchase price=Cap rate but my question is ...
Hello everyone! So glad this place exists for folks like me to learn from you. ✨ looking for ideas on to how to acquire an owner-occupied property with 5% down by using a mortgage loan product to purchase , improve ...