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has anyone pulled off getting a fha loan after already owning a couple property's? When I asked wells Fargo to see if I would qualify they asked me why I needed another house when I already have 2. So I need to convin...
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Hello,
I want to hear from other multifamily syndicators how they have partnered with an outside guarantor to sign the debt for their acquisition. Specifically, if any syndicators have syndicated on an assisted liv...
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I'm running into a potential issue while researching FHA loan requirements for the "Down payment Assistance" program that allows a first-time home buyer to purchase at 3.5% down. With my current job, I'm slightly exce...
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Hello, my name is Tyre and I have a question about how to finance my first property. So I know there are many ways to come up with the money on a rental property but what are the best ways to start? I am looking for a...
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Does anybody have experience taking out an FHA loan? If so, could you please describe the process of getting it (i.e. requirements/screening process). Also, how has it treated you? By that I mean, would you prefer thi...
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Hello all,
My girlfriend and I are trying to get a $250,000 FHA loan for a duplex to house hack. We didn’t think it would be any issues at all because combined we make enough for that loan amount. After going through...
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Great morning,
My wife and I are in the market for a STR in the Florida area. We currently live in our primary in CT and considered going the DSCR route but given our zero experience, we were told that wouldn't be a ...
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Hi there,
I bought an investment property in Colorado in mid-may. I live in Florida but I know someone in Colorado who is a GC and I hired them to do the reno. Property is in the best neighborhood in Denver, and it ...
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Looking to finance a purchase- it will either be a flip or rental. Currently don't have any income and my tax returns don't offer anything that would help qualify. Having a hard time finding a lender that will lend ba...