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$8,500,0000 property; $3million down, 65% leverage (so $5.5 million loan). CBRE is my broker, they receive 2.5% buyers agent commission. I was told that they would help me through the loan process. So, today when spea...
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Hello BP, I'm currently shopping around mortgage loan for my first house hacking purchase.Currently I have couple options for mortgage program from a few lenders and I'd like to hear advice from you to choose the best...
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I recently purchased a duplex for $450,000 with 20% down. However I pulled $50,000 out of a 401k loan with a 10.5% interest rate to be part of the $90,000 down payment. The 10.5% interest on the 401k loan is likely hi...
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Has anyone come across the Money Merge Account (MMA), which is being marketed by United First Financial?
The idea is to use a HELOC to prepay your first mortgage by timing additional payments. It is supposed to be be...
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Objective is to obtain properties via a conventional mortgage. Fannie Mae and Freddie Mac allow you to have up to 10 mortgages under their guides. These offer the best terms, in regards to rate, fixed 30 year term, an...
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How do you find homeowners who own the home outright without having an existing mortgage? I am hoping to get a list so I can target them for seller financing. I do not want to deal with the "due on sale" clause.
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I had a bumper crop year during the pandemic with my online retail business and have 130K to invest as a first time home buyer. Online spending went crazy over the past year, I easily made triple what I had in years p...
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Hello everyone, new to the discussion board and to investing real estate in general. Just trying to soak in as much as I can and read up on what ever I can. This might be a bizarre question and frankly not even make...
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Will make the long story short here but if you want all the details feel free to read the whole story and number breakdown below!I have a rental that was purchased in 2020 and the loan is around ~320k. The comps suppo...
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We bought a foreclosure in 2008 in Sacramento County that had a large addition and we didn't check for permits. I know, I've learned a valuable lesson.
We were trying to refinance the property and for whatever reaso...