Corey Dutton
Why No Posted Hard Money Loan Interest Rates Like 30-Year Mortgages?
Borrowers are always searching online for a posted, daily hard money loan interest rates, the same as they would search for today’s rate on a 30-year mortgage. But there is no published, daily interest rate for hard m...
Zeeshan Mallick
What are all the Upfront costs of an FHA loan, specifically MIP?
Hello,
I am looking to buy my first rental property via house hack when my lease expires in July 2020. Because a shortage of initial funds, I am going to put a down payment via 3.5 % FHA Loan. However, I have a few q...
Jean-Paul E. Gagnon
Should I be worried about my DTI?
Hi folks. Just dipping my toes into the whole "private lender" thing.Conventional lenders are not lending to me because the deal I'm considering will bring my DTI from 5p% to 53%.Found a guy on BP who is fine with tha...
Isaac Frost
Rental Cash Out Refi in Portland OR
Does anyone have a great source for got rate, low closing costs on a cash out refi for a rental property in Portland?? So I just went through underwriting for a refi on a rental property my wife and I own. I'm revie...
Ryan Lehman
House Hacking Pre-Approval
Hello, I'm very new to real estate investing and was looking to do my first house hack. I wanted to first get pre-approved and noticed that when I go to multiple lenders websites, they ask if my objective is for inves...
Matthew Morrow
Sub2 Deal- From an Agent Prespective
Hi AllWe have a client wishing to utilize a sub2 strategy for several purchased in our market. Fantastic idea and even better deal if we can find a seller willing to cooperate. What is everyone's experience with this ...
Michael Jones
Watch out for Private Lender Scam
Scam email back and forth From Carla Morrison (Scam):Good day. I'm a private lender I offer general financial services including real estate loans, various purchase funding, personal loans and business startups loans....
Mike Gordon
Investor Loan Options
As an investor, when taking a relatively large >$500k portfolio loan which option would you choose and why?5/6 ARM at 3%, $1800 in points + $1000 closing costs30 yr fixed at 3.5%, no fees and closing costs covered ...
John S.
EIDL Loan - Finially recieved word today from SBA
SBA sent me an email to create an online account regarding the EIDL loan I applied for months ago. Until now, I had not heard anything other than getting a random $1,000 deposited into my account. My loan approval amo...
Kim Handelman
Credit Unions or small banks in CT.
Hey fellow CT investors,I am looking to start a relationship with a credit union or small bank here in CT. I'm hoping to get in with one that hold their loans in-house and has a good, intuitive, easy to navigate websi...