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I’m buying a house and the seller is willing to pay my 20% down payment. The loan company told me they can’t allow the seller to do that or gift me the money. I’m wandering what other options I have because I definite...
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Hello Everyone,I was wondering how commercial property is different from a residential property from a financing point of view.I'm looking at a duplex but it's listed as a commercial property
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Anyone ever had a commercial loan that each month increases your payment of interest and decreases your principle payment on a fixed rate mortgage? I caught this from my bank and they told me the bank doesn’t set the ...
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Hello all,I have a new tenant moving in and she has set up her payment using apartments.com. She verified her bank, and the payment now says it's "In Progress", and that the estimated arrival is April 11th. I did rece...
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Hi I am new to commercial loans and I was wondering if i could get some help telling me if these numbers look ok. A little background, we went the commercial route because we are running into DTI issues. THE NUMBERS:L...
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if I want to purchase an apartment complex and the current owner is asking for a 20% down of the selling price and I have 8% of that 20% down payment , can the bank loan me the other 12% ?
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I'm new to investing and want to buy a house to rent out. I have excellent credit (over 780), no debt, I was pre-approved for VHDA loan with 3.5% down since this would be my first home. My loan officer keeps telling ...
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The title seems pretty self explanatory but I will clarify. I am looking to find financing for a rental property. I don't have the down payment for it, but I have a friend who is willing to loan me the down payment fo...
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I had a gentleman reach out to me yesterday about a home that he is renting. He and his family are on a fixed income through disability and cannot afford to purchase the home that they are renting now that the landlor...
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buying a house in LA, standard sale through escrow, the agent represents both the seller and me, the buyer. At this stage my lender who is ready to fund and I already wired all 20% down-payment. The last thing was wa...