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Hello,I have the following situation and idea for which I am looking for criticism:I purchased a property in Arizona on Homesearch.com for around $100k, built in 2005, doesn't need any repairs. The market value is aro...
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Hey guys,
I came across an incredible deal with two duplexes packaged together. They are technically two separate properties. My plan was to buy one using an FHA loan until I came across this bundle deal which is in...
Looking to invest in my first flip I have 50k to start. 15-20k for a down payment and 30k for a rehab,plus emergency funds. Do I have to get pre-approved for a loan before speaking to an agent about an offer?For examp...
Anybody have ideas about the best way to finance when income does not qualify you for a conventional loan? I’m 46, retired from my career as a physician, with about 3 million in assets and looking to focus on real est...
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Investment Info:
Single-family residence other investment.
Purchase price: $329,000
Cash invested: $10,000
Sale price: $389,000
I bought a lot for $51,000. I sat on it for a year. By the time...
Is it go to have your buyer go with a builders preferred lender? What are some questions I should ask to protect my buyer?
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Hi everyone
When the bank will refuse lending you money ? And why ? And does the bank lend money to me if i am just graduated from collage? If no why and what should I do? also one of the books i have read about r...
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So just a hypothetical situation. What if your home appraises for higher than ask price? Does that get built into equity to remove PMI Faster if I put 10% down. Seems like a simple math equation that 80% of the spread...
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Hi,We are currently supposed to close in a few days on a two family property. Appraisal came in 11 days ago. Now the bank is giving us an issue with some water damage under sink and saying they need a licensed plumber...
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Hi BP!I recently saw some posts in this same forum on current changes that are taking place to financing in 2021 (e.g DTI, reserves). One other possible change is majority banks going into 25% down on investment prop...