Sandy Metivier
commercial lender need to be in the same state as the property?
Hi… I have a 6-unit in Cleveland OH that I own in full, and now I’d like to seek a cash-out refi commercial loan/mortgage. Does the lender need to be in the state the property is in (Ohio)? (Oh, and I live in CA).I’m ...
Arthur Voskanyan
HELOC rules and comprehension
How often can you use a HELOC? If I take a loan out based on my equity, and let’s say it’s $100,000. As long as I lay that loan off I can then again re-use or re-takeout my equity loan right? Thank you guys in advance...
Erin Elam
Temple View Capital HML
Hello BP,I came across Temple View Capital and of course was amazed.... the first draw available before the work is completed??? Get out!! Their site looks nice and pretty transparent, although the FAQ about pre-payme...
Michael Palmer
Reasonable Construction Loan Terms
I'm working on obtaining a construction loan and I was wondering if anyone knew if these were relatively decent loan terms. $346,000 loan amount. 75% ARV. 3pts to the lender. $3K to escrow/title. $84K cash to clo...
Matt McElravy
Questiin about Bank Statement Loans
Does any one have experience with Bank Statement Loans? Im a self employed IT contractor and it's time for us to buy our next house hack. I have over 2 year's tax returns but I have some heavy write offs that make me ...
KL Dolphy
Pre-Foreclosure? Are you using this as a strategy to get property?
Peace and blessings, I'm looking for a someone who is advance in acquiring pre-foreclosures. I'd like to get some real world insights... talk about deals you've successfully made. Please contact me if you are willing ...
Luke Soroka
Columbus Area Bank Recommendations
Hi All,Looking for recommendations on banks/mortgage brokers to reach out to for for a conventional loan on a single family investment property.Thanks in advance
Saman Pari
Single family master lease w sublet
Is it possible to refinance a house hack scenario- single family leased to 2 tenants? If so what type of loans would work for this?thanks in advance for your responses
Kyle Hiester
LLC and FHA Loan
Hey All! I have an investment property under a LLC with a few other individuals and was wondering if that will disqualify me from using an FHA loan (if needed) down the road once I look at buying my personal home. I d...
Michael Sothern
Using Credit Card Cash Advance 0% interest for 12 months
Due to my lack of documented income (I am paid in cash) I have had a hard time qualifying for a loan. Credit score of 750+.
Example of property I am looking to purchase:
Credit Card Cash Advance: $30,000.
Personal ...