We built a small house on 62 acres as a second home and VRBO. It is located in upstate NY, we live in CO. Started working with KeyBank and they will only lend 60% of the appraisal value because of a limit on fees and ...
I have been diligently reading BP recommended books, blog posts, and listening to podcasts (45 so far) to further educate myself about real estate investing. I am very impressed with the BP website and community. I ...
I live in California, and looking at maybe getting into a 55+ community since it's cheaper than regular housing.
Morgage would be around $700-800
Rent would be $1100-130
4% interest
Tax $1566 for 2014
HOA $200
Wat...
Hi Everyone,Does anyone have any banks/credit unions/lending institutions that will provide a high LTV (& more than $400k limit) on a SFR (primary residence) in first lien position with good rates in CA? I curren...
Hey BP Forums! Wanted to share something interesting with the lending community and get your take on it. I was preparing for a conversation with a lender regarding FHA 203(k) loans. I have a basic understanding of the...
I'm a newbie in the real estate rehabbing market. I ran across BRRRR on a Brandon podcast. I understand most of it but got a little confused on The refinance part. Can some explain it in a newbie mindset? Thanks in ad...
I was wondering what types of loans investors are getting after they have 10 loans out? I'm sure this has been asked before but I'm interested! From my knowledge people use commercial find partners or find local banks...
Good Morning BP,I want to do a cash out refi on a condo that I own outright in Clearwater Beach Florida. Because it is an investment condo as well as non-warrantable due to the less than 51% owner occupied the most t...
Hello,I was offered 100% finance 96.5% first loan and 3.5% second loan mortgage for a multifamily the 2nd mortgage for that 3.5% MUST be paid back, but just like the first mortgage, it doesn’t have a PPP and itcould ...
I am seeing significant increase in investment loan interest rates due to recent announcement from Fannie Mae.They are limiting investment loans intake and Lenders are asking significant down payment like 25% with 4.6...