Hi, if I lease my house to a tenant, and the tenant has an option to purchase, will DSCR lenders look unfavorably upon the tenant's purchase option? Are DSCR refinance loans ever approved in this case?

I have read on it and i still don't think i grasp it. I read a story where someone had a 300k house that went up to 400k in value. they then pulled out the 100k extra and used it get another house. they mentioned t...

I sell turnkey properties in the Chicagoland, and working with buyers every day, I’m always surprised at what numbers people use to base their decisions on. It varies wildly investor to investor.This question is posed...

I just created my LLC a few weeks ago and was looking to establish credit history for my company.  A couple of questions:
1) Is there a better/easier way to establish credit history outside of applying for a business...

Was hoping that someone could offer some advise in regards to my situation:First, I have owned a duplex and rented it  out for about 5 years now, as my sole rental property, up until 2018.In 2018, I decided to focus o...

Hello!

Thought some of our lending-savvy peeps here might have some insight on this.

I noticed on my mortgage statements that the mortgage is due on the 1st but isn't late until the 16th! That's a real...

Acknowledging that a whole host of factors goes into determining the interest rate on a DSCR loan, I was hoping to get a census of what DSCR interest rates you got (or see your clients getting) to get a general idea o...

I own a home free and clear but need to do renovations to it before selling it. It is not homesteaded under me b/c I just acquired it and cannot homestead (from what I've been told) til Jan 1st. I want to get it on th...

A friend is looking for ideas for next deal, here is a financial snapshot - hopefully some of you w experience can give ideas of what you would do in this case. Lives in NJ, works in NYC.- makes 120k, saves 5k clean a...

So I have been spending a lot of time of understanding several different financing techniques and the power of leverage. So here are the cards in my hands before playing...- I just have been working my current employe...