Hi BP Team,I'm looking to make my first small multifamily purchase in San Francisco this year. I'm lining up my financing but want to ensure I'm aware of the different mortgage programs being offered, and those which...
How do you feel about this financing option? Fix and Flip Loan Product:Financing covers acquisition and rehab Cash required: 10% of acquisition and rehab costRates 8.5% to 9.5%Term 6-12 monthsLTV Required 70% as compl...
Hi group I’m looking for lenders that have programs for heloc on investments properties I’m in lake county IL right now I believe is better to do a heloc or 2nd loan because if I do cash out refi I be loosing cash flo...
Looking for 80% LTV for a fix and flip then rolled into a DSCR or a fix and rent.Deal points:Purchase: $308,000Rehab: $160,000ARV: $499,000We are adding an ADU to the back of the property. We have done this 5 times al...
Hi there - first time investor looking to finance a $1M quad. Can’t use it as a primary and live in it, because we just bought a suburban house for the kids. Interest rates are SO high, coupled with a minimum of 25% d...
Hi I’m trying to buy a rental property investment to do a brr on in Chicago from a family member & im getting it at a good price.. but I’m in need of a great lender to get a loan vrs hard money so I believe but I ...
HI all, My partner and I are looking for a long-term rental refinance product for single-family homes. We have been doing a lot of flips with a LOC and hard money for the down payment. However, we plan to start retain...
It's been a while since I did a rate/term refinance for a SFR that we'll hold for investment. I spoke to someone today who specializes in BRRR refinance loans with a scenario where one of our controlled entities will...
Any reviews on experience with a Freddie Mac SBL(small balance loan) debt product(s)?
Hey all - wanted to see if anyone out there has used a DSCR loan for an STR. I have a few STR's all under conventional loans in my personal name (title is in LLC though), which is effecting my DTI/shows up on my credi...