Assuming you'll be financing a project for at least a year, are traditional mortgages getting more appealing?
In drawing this conclusion I am considering the fact that HML typically:
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Portfolio lenders provide mortgages mainly to investors looking for either quick cash loans, short term, or long term mortgages for multiple rental properties. They do not sell their loans. As they do not sell their ...
6 months ago we got our 1st refi cash out against our home to purchase a rental property, plus a mortgage on that property. Costing us over $10,000 in broker/underwriter fees for the 2 loans. Our mortgage broker conta...
Are there any disadvantages on using assistance programs on an FHA loan?
Hi everyone,
I’m looking for help on how to purchase buy/hold properties using a hard money lender. How do you structure the deal when using a hard money lender? Can a buy/hold property cash flow when using a hard mo...
Will be closing soon on my first house hack :) Decided to do do things a bit differently than the norm by going in with 20% on a conventional loan (to avoid PMI), and to put me at a better equity position to borrow a...
If someone were looking to do a DSCR loan to purchase investment STR property: What advise can be given from getting a DSCR loan and differences between conventional and DSCR loan?If your potentially property will gro...
Hello! My Name is Justin K. and I currently reside in Lakewood Ohio (a suburb on the west-side of Cleveland). I bought my first duplex 2 years ago and I currently live on the top half with two friends from college and...
Pro and Con of financing with FHA for newbies2-4 units class B/C and area?, two partners?.
Hi, I am Katherine. I heard about real estate investment some years ago, but never truly pay attention. Now, my ears started to listen. I am looking to save a bit more for my first down payment while learning about re...