What is your experience with lenders for an LLC? Does anyone have any suggestions?Have tried reaching out to a few local lenders in the markets with very little luck. Markets are in Missouri and Indiana.Appreciate any...
Is it true that banks will loan possibly four times your income for loan amount. Ex. If you make 30k a year they give you $120k?
There's a lot of info on the types of financing options for REI but I'm just really curious what type of financing most of you individual RE investors use? And if you used investment property mortgage loans in particu...
Hey everyone, does anyone know of a lender/bank that provides a mortgage/rehab loan combined such as a Fannie Mae Homestyle loan for an investment property?I'm looking to meet with lenders and banks who provide this t...
I have a 675 credit score and will make $2300 a month with 60k saved when i get out of the Marine Corps in February 2021. How big of a mortgage loan could i get.
Im also partnered with two other people, one makes abo...
what do you guys think about rocket mortgage by quickenloans? Anybody used them to obtain a mortgage loan as a first time home buyer? Do they have good rates compared to other mortgage companies or banks?
Hi All! We own one property (our home) worth around $500k, no debts owed.We would like to purchase a second place as a rental property for 200k-250k.We also have to renovate our current home (estimate cost around 65k)...
I am buying a 10 unit apartment building for $550k. Each unit rents for $650/month and taxes are $15k/year. I am getting a Mortgage Rate of 4.25% and it’s 5 year fixed, 10 year balloon, 25 year amortization - 30% cash...
Hello,
I am gearing up to purchase my first deal--a duplex.
I am going to be owner occupying the property (living in one unit and renting the other) so I can obtain FHA financing.
I have been on the search for a go...
When applying for mortgage loans, do the loan officers know if the applicant has an apartment under their name or not?