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Hello, community! I’m looking for advice on refinancing a STR property in Pennsylvania. About a year ago, I took out a mortgage and recently added significant value to the house. However, I’m hitting a roadblock wit...
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Wondering if this is common and what we should be wary of as the note holder...
- We originated a note on a property (in Brazil, IN; Clay County in case that matters). We went through a local title company for the c...
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Hello all,
I was looking for some advice with possible best next steps to expand on a newbie portfolio with 1 live in duplex (live on bottom, rent the top floor) rental. Especially in this market with high interest r...
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Hello, I'm looking to get some expert opinion/advice for a situation I'm considering on my first BRRRR deal.
Background: I have a duplex in a gentrifying Columbus, OH neighborhood. Doing the BRRRR model and nearing t...
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Good Morning,I have a unique situation on my hands. I am going to be purchasing a home in Galveston Texas that I plan on renting out as much as it can be rented. But I also plan on going to the home when I am off work...
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Hello I'm an investor with two properties however I haven't done sellers financing, loan take over or whole selling and there's a property in my neighborhood that I would like to go and knock on the the door because i...
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I've been buying properties in my name and financing them in my name (to get more favorable interest rates). I want to switch them all to LLCs, but my current loan documents prevent that. How does everyone deal with...
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Hi everyone, happy Monday. Has anyone had any luck finding a lender who would finance 80% of the PP, out of LLC, based on projected STR income? Or using existing properties as comps? TIA.
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Looking for suggestions for my situation. I'm close to putting a MFH (5+ units) under contract, and spoke with a few lenders able to loan 75-80 LTV (fully stabilized property).
Due to my unique tax situation, its be...
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I read that every mortgage has a Due on Sale clause, which means you have to notify the lender when you sale the property and pay the entirety of the loan when you sell the property. How do people work with the clause...