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Hello BiggerPockets family! I hope all is well in your investing journey! I am officially under contract on my first property that will become my first investment. I am going to BRRR/Live-in Flip/House hack this prope...
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Let's just say the home appraises for 200k. Will they approve a loan for someone buying at 210? How about 250k if they put more money down? I know there are lot's of factors involved, and it depends on the lender. But...
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I remember listening to some podcasts and hearing that you can get an 90/10 or 80/20 or 70/30 LTV and use creative ways of funding the 10%, 20%, and 30% down. I have found some loans and not just traditional loans but...
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I remember listening to some podcasts and hearing that you can get an 90/10 or 80/20 or 70/30 LTV and use creative ways of funding the 10%, 20%, and 30% down. I have found some loans and not just traditional loans but...
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Does anyone have a program for long term financing with 70% or less LTV based on appraised value at purchase? Most banks in my area go off the contract value and not appraised value. Any help needed.
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Looking for private lenders to refer to a VIP client with solid RE portfolio in the Detroit area. Thank you!
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I know this probably sounds like too general a question which google would plaster with results. . . but I'm looking for the more 'investor slanted' take on what my options are for this situation. I've purchased ...
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Maybe everyone knows about this program; it's called DSCR which stands for Debt Service Coverage Ratio. So, depending on what your cash flow is, qualifying is based on what your RENTAL income vs. debt service is. Even...
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Can an investor borrow against one property in order to fund a down payment for another property?
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cincinnati.
Purchase price: $60,000
Cash invested: $75
This was a triplex that the City of Norwood (Cincinnati) made me co...