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Hi there, I am an army veteran from NJ that will be eligible for a VA loan within the next 4 months. I now have a state job that pays 44000 a year with a 4000 increase every year until it reaches 82000. I am looking t...
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Is there a construction loan expert on the forum ? Besides the fact that I need to talk to one, I have a few questions that other may be able to answer -What sort of guarantee do banks look for in giving a constructio...
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I'm taking my real estate course to get my license. And we we're spoke about promissory note. My professor summed up what it meant, and I didn't get the chance to have him clarify what it means exactly. Maybe a exampl...
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Applied for a 5/5 ARM with 10% down. But I didn’t qualify due to my debt-income ratio. I already own one SFR in Boise plus my primary residence here in Portland, Oregon. So if I could figure this out, I would own a se...
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Have been looking at a triplex in Oakland, CA, the details are:- One 3 bd 2 ba with 2 car parking and deck. Entire 2nd floor. Currently rents for $2,400.- Two 2 bd 1 ba with 3 parking spots between them. One unit rent...
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Hello everyone. I am fairly new here, so thank you in advance for your patience with my questions. I have a duplex that I purchased using cash down and a conventional loan. I need to move the property into an LLC. ...
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When people shop for lenders, what does it look like in practice? Is it something that's typically done after entering escrow?
Will it require a hard credit pull for each lender I talk to to get an accurate estimate...
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I've been studying and learning REI for about a year now. I am wanting to start with a few flips to generate some more capital to be able to get into some buy and hold properties. I'm building my team now - RE Agen...
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First a simple question.. Is it true that Interest-only loans are only Commercially backed and more than 750k?Is Seller-financing the only other way? My perspective is that an Interest only loan would be among the bes...
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LOOOOONG story short, I have been pre-approved for a conventional investment loan with 20% down. We are looking at putting an offer down on a property in Florida for an ABNB. However, listening to Roberts ABNB series ...