Clay Sexauer
Cash Out Refi with 46% LTV
Good Afternoon,I'm currently shopping around for a lender who can do a cash out refi on an investment property with 46% LTV. I'm very familiar with HML rates and will not qualify for a conventional mortgage. Can anyon...
Sean Dezoysa
Okay to apply for many HML loans at once?
Deals can move quick, is it okay or even standard to apply at many HMLs at once? And if you get multiple approvals take the best option and decline the others? I understand many HMLs have an application fee so I think...
Ed Osowski
Land Use Restriction Agreement Across 3 Multis
Hi everyone,I've come across a situation I have no experience with. We're currently trying to buy two LIHTC properties. They're in decent shape, located neighborhood we really like. Current owner is open to a sale.The...
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HELOC questions
What is the repayment time? The same as a mortgage?
Can you write off the payments?
Does the interest rate fluctuate or can you lock one in?
Ulric Donawa
Private Lenders vs. Bank financing
I notice many new and some not so new investors are looking for bank financing for their Fix & Flip and other deals. The fact is that there are many private Lenders looking to make deals. The time you spend tryi...
Camilo Pichardo
Home equity loan, heloc or refi. Starting out
Currently own a 2 unit as my family primary resident (current not rented, temporarily reverted single family). Want to move on to purchase a second multi-family. Leaning towards a home equity loan or refi as choices s...
Ian Cameron
Neighborhood and Property Classification
How exactly is a neighborhood classified as an A/B/C/D-class neighborhood? What are the criteria? Who decides?Same question for residential properties. What criteria determine if the property is an A/B/C/D class pr...
Jay K.
First BRRR Project-Doubled Value (Photos Included)
Hey folks, my name is Jay; I’m 24 years old and I decided to take a plunge into a BRRR project as I have a large network of tradesman, industry mentors, and surplus liquid. In November 2017 I made a bold move of buyin...
Ryan Collins
Need Help With Financing Resources
I'm considering applying for pre-approval of a HomeStyle Reno loan I've been discussing with a loan administrator for a while. Seems like a decent go in terms of deal financing and ensuring the security of my first fl...
Javier S.
purchasing rental property abroad (Costa Rica)
Hi,I live in the US but am interested in purchasing a Costa Rican rental (for rent and eventual sale) with my parents who are Costa Rican. They have done this before and they establish a company as a 'sociedad anoni...