Taylor K.
High DTI, but have cash
Hey everyone, I am closing on a deal now that will put my DTI too high to get another conventional mortgage. But I have enough cash for a couple 20% down payments. How can I obtain more loans with my situation? Could ...
Michael White
FHA loan for first property
Hi guysHave recently moved over to LA from the UK and am looking to get started in real estate out here.Have little in the way of capital i.e. 10k and no credit score (not transferable overseas). However, my wife has ...
Justin B.
Lender informs me of new Fannie Mae rule requiring minimum appraisal value???
So I am in the middle of purchasing my second rental property. I am getting a loan through a local bank. My lender just asked me if the property being purchased will appraise for at least $75k. She told me, "Fannie Ma...
Marc Maser
Great Opportunity any Creative Down Payment Ideas??
Have an opportunity to buy a mixed use building in the village square from private owners. We bought our business building from them last year and they are good family friends. Building has three large commercial st...
Caleb Scott
Planning my first 2 investments, House hacking, BRRRR, finnance?
I am working my way to take the jump into my first investment. I am very determined, but spending some time to craft a plan to help ensure a hopefully smooth ride into this new frontier. I am moving out of my apartmen...
Dakota Rice
Lending based off appraised value
I’m trying to find a lender that will lend based off appraised value. I’m under contract on a house right now that should appraise for much more then it’s under contract for.Any recommendations?
Thomas Johnson
How to get financing for low cost rehab property
I buy in an area where houses generally sell for $20k to about $150k. It is an older town so most of the lower priced properties are rehab properties. The problem I am running into is not being able to get loans for...
Daniel Guillermo
Can my SD IRA and I lend to the same borrower?
I was hoping someone here would know the answer to this, I want to make sure this is not considered a prohibited transaction. Can I lend money from my self-directed IRA to a company and also make a private loan to th...
Rich Hupper
Do I have a possible Subject to deal in the works?
Hello BpI found a distressed landlord who purchased a 2 family in 08' for 217k. We was an absentee owner and as a result his tenants stopped paying rent.He told me his current loan pay off is 270k. The property is in ...
Ryan Clark
Best way to get a loan
Hi my name is Ryan Clark out of Tampa Florida, I want to start my real estate investment journey, and need some advise on the best way to get a loan for my first property .