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What type of commercial/portfolio loans exist for those looking to owner-occupy either a SFH or MFR?I don't qualify for conventional Fannie/Freddie loans due to the lack of income reflected on my tax returns.I'm curre...
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Hey guys,First time post here and I just want to say I’m excited to be here. I recently acquired 3 properties via land contract. My question is: how, or if, this will affect me getting a bank loan going forward? Thanks!
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Is there a happy medium between a conventional loan and a hard money loan? I'm in a pickle because I have enough cash to buy about 50% of the property I want but I can't qualify for a conventional loan. I have great c...
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Hi all. New here and hoping to get your advice.
I put an offer on a condo for 119k$ short sale which the bank accepted.
Bad news is banks won't finance the deal due to less than 50% owner occupancy.
One lender t...
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I was originally preapproved for a conventional loan with 20-25% down. Since, I have found an REO that I'd like to make an offer on with an asking price of 50k. There has been no movement on this property and the l...
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Hi all... I have an 8 unit building that i am evaluating. I have a few financing options to entertain and i would like you feedback. I don’t want you to focus too much on the details of the income/expenses (imagine th...
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I'm working on getting a cash out refinance on a Rental property. I feel that the lender is asking for a lot irrelevant documentation. I have a small printing business, C-Corp not related to the rental property. I pay...
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Hey BP Fam, two questions for you. 1st question; is there a huge difference in the rate for a conforming conventional loan for an investment property vs primary home? 2nd questions; I Just got pre approved for a non Q...
My partner and I are going to start an LLC and I am curious how the financing will work.We have a pretty high combined personal income and both have excellent credit scores. What factors will the bank consider when co...
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During an inspections of a potential SFR this morning, it was discovered (and afterwards confirmed by the seller) that the entirety of the plumbing is polybutylene; to make matters worse, there are two known leaks bel...