I have a home that has no lien and paid off. The hosue is appraised at 35k. I want to re finance the house but just started my own business and don’t have any stubs to show a bank proof of income. Is their any alterna...
I have a property I am interested in buying in New York. The owner is a motivated seller. Asking price ($330k) is currently slightly under market value and owner is willing to carry. The owner has an outstanding mo...
Is it possible to do a 1031 exchange and use the proceeds to buy a house using hard money, then refinance into a long term loan? I wasn't sure if the loan product matters.
how much of a home can I afford? If I make 70k and have 50k in savings how much of a loan could I afford on preferably a three family home. I live in MA if that matters
I'm trying to find some information on utilizing the SBA 7A loans for a property that I would use as an office and rent out the remaining rooms as residential rooms. Does anyone have any experience with this?
Can someone explain how you go from a hard money loan to a conventional? I found 2 shells next door to each other that need complete rehab for $30k and 70-80k in repair. This property will be considered commercial ...
Hello BP!I will be refinancing a duplex in San Diego. The loan balance is at $420k. The appraisal value in 2018 was $650k. I would like to purchase another property in San Diego with my brother-in-law. With 43% DTI, w...
I am getting to the point where I will have to move from conventional loan products to commercial/portfolio loan products because of strict conventional guidelines and underwriting. My properties are SFR's, duplexes, ...
Hello all- new here to posting on the forum but have been following and reading up the past few months and had a quick clarification question on private money loans and refinancing with BRRRR.I would just like to make...
Talked with local lender recommended by my broker. Preliminary chat he shared the following numbers:30% down required5-6% 7 year fixed then adjustableNot sure if I should try sticking with initial plan of a portfolio ...