David Zheng
Do Banks look at the downpayment or LTV on your other properties?
Hey All!Just a quick question. When applying for a new loan, do mortgage lenders or banks look at the LTV or how much you forked over as a downpayment on your other rentals/primary or do they just care about Monthly p...
Debra Muth
FHA loans and student loan
Does anyone know what the new change is that prevents you from getting an FHA loan when you have student loans?
Fernando Garcia
Can you refinance a property you paid cash for?
To begin, I apologize for my ignorance if this is question isn’t valid.
I have the ability to borrow cash in order to make a deal and close quickly. But I don’t want my cash “lender” having to wait 1-5 years for the...
Matt Powell
Fannie Mae won't allow "gifts" for investments, but what is that?
Hi all,I'd like my first deal to be a buy-and-hold property. I'd considered using the BRRR strategy (buy, rehab, rent, cash-out refinance to 30-year fixed) with a portfolio lender, or have more recently been researchi...
Dylan Mull
Looking for realtors and investment strategies
Debating in different areas to start investing in. I’’m really interested in Cleveland OH because of the pricing to purchase and seems like it cash flows well but I am open to other areas and real estate investing str...
Robert Ortiz
Are sellers motivated by the buyer's down payment amount?
Hello Everyone! Hope you're all doing well! I just began my journey as a REI and I wanted to get some insight on something I thought was a bit odd. Are sellers motivated by the buyer's down payment amount?
A really ...
Christopher Hu
First time home buyer advice
Hey everyone,I had a quick question. Is it true that finding a local mortgage broker/lender is better than using a traditional bank like Bank of America? I've talked to real estate agents who mentioned that local brok...
H. Jack Miller
Fix and Flip - Running short on the Capital- Taking a Survey
A lot of Fix and Flip deals run short of the capital and this leaves the deal in trouble and usually investors are unable to complete the property. Is there a market for a JV partner/ Second mortgage for investors to ...
Thomas Haskell
BUYING 5 NEW HOMES FROM LENNAR & "THEIR PREFERRED LENDER"
hello guys, I am in the process of buying 5 homes one will be my home & the other 4 will be for rentals. my question is lennar is offering 2% credit towards my closing costs if I use their lender. am I really gett...
Aaron Ford
Reverse Mortgage -creative finance/wholesale help!
Weird situation any help is much appreciated.House is worth 495k. No rehab needed nothing is needed at all. Heres the hard part im having trouble with helping them.-Taxes are up to date-They have a reverse mortgage th...