Luke Boff
Best way to finance first project
Good morning everyone. Over the past couple of weeks I have been reaching out to multiple different hard money lenders as well as conventional lenders. I am a new investor with about a year of real estate experience a...
Ross B Adams
Setting up seller finance with balloon payment
Hi there! Instead of listing a property I'm flipping, I want to sell with creative financing to my contractor. He doesn't qualify for a loan right now but thinks he will in 12-18 months. There is no mortgage on the pr...
James Burciaga
Type of Loan to pull out Investment property Equity?
What kind of loan should I be looking at? I have a rental property, single family, free and clear. I'd like to take out a loan on the equity to use for other investments. I'm in Texas. This is not my primary residen...
Julian Morales
Looking to finance 4th rental property
Good morning BP members, hope all is well. I’m currently looking to close on my 4th rental property asap before my purchase contract at $240,680 gets terminated. I currently have $6,180 into it as a deposit, and curre...
Tim Zmuda
Currently have owner occupied laon
Ive heard so many different things from so many different lenders and would love some clarity on my situation. So I bought a duplex two years ago with FHA owner occupied loan. I just refinanced out to a conventional o...
Kyle Mason
House Hacking afordability
Hello,I am a beginner real estate agent and investor. I recently bought a 4-plex conversion and had to sell it on a subject two less than a year later. The next property that I get will be a house hack that I will liv...
Tim Johnson
"no-neg" ARM vs "neg-am" ARM????
I would like for people with experience to explain the difference between these two, and give an example of when it's best to use one over the other when getting a loan. Thanks.
Mike Schorah
Can you cash out refinance a HML into a DSCR loan?
If I paid 25% down to get a hard money loan and lose my job for whatever reason before 6 month seasoning period, could I do a cash out refinance with a DSCR loan, get another job and keep BRRRRing? Or what other optio...
David Rutledge
Existing rental properties count as debt or income for new loan?
Hi everyone,So I am starting to get the ball rolling on my next investment and I am trying to gain some information as to what I can expect to be able to borrow with my current situation. I am toying with a few ideas....
Jennifer Muhler
Rental property income to qualify for loans - Question!
Hi there,We've got one investment property now (seller financing) and we're looking to expand, so exploring what we can qualify for with a conventional loan.For the existing property, we put quite a bit of money into ...