Looking for advice on financing options for a triplex. Could use as a primary residence for better down payment rates. If I don’t use as primary would I have to come up with 20% down? Any advice would be great! Thanks
Checking with the community to see if people are still Cash-out refi'ing. I am not scared of rates but they keep getting worse and my normal lender will only loan so small. I have a few properties I would like to refi...
Hello BP community. Long time lurker but now am ready to get in the game. I have a couple of questions about dscr loans. What ive gathered- ratio of 1.2 or higher, 25% down, need around 6 months piti left over in bank...
My boss owner financed the current home im living in for the past year and half. I opened a HELOC on my main property thats in another state to pay for the down payment and remodel. I’m getting ready to payoff the re...
Folks, with rates in mid 6% and CAP 7+ the "standard financing" (20-30% down, 25 amortization, 5 balloon) makes no sense. Cash-on-cash return is in mid 5 with these numbers. What creative options for financing can we ...
Hi, I’m looking for some advice on the best way to finance a project I have on one of my STR’s and whether I should do a refinance, a home equity line or something totally different. I have a short term rental that is...
Gearing up to get my 2nd property soon. Likely near the end of the year or latest early 2024. My W2 income is already rather high. The high end of 6 figures. When it comes to qualifying for the optimal loan amount...
Hey community. I have a deal I need some clarification on financing options. As it sits, it is a triplex with an oversized garage. Am I able to finance with VA/FHA while fixing up the garage and then at the year mark ...
Hello BP community. I am about tapped out with conventional loans as I have 3 properties worth over one million total currently mortgaged against my name. I was Wondering what other finance options are out there that ...
My finance and I are under contract for a house that was supposed to have an assumable loan. But, turns out the lender will not allow the loan to be assumed. We want the house and the interest rate and the seller want...