Greg Worzalla
HELOC or Refi to finance?
With the low refi rates out there, I'm wondering if this is now the better option to finance my first time rental property. Needing $40K for the DP, if I use my current HELOC with a 3.75% rate (assuming it says aroun...
Dan Summers
5 Year Amortized Opportunity?
I have a client who develops affordable housing. We want to crowdfund their projects in tranches but the only way it pencils is if investors get paid over 5 years amortized. Even though it pays a 10% annual rate, I'm ...
Matthew Mendenhall
Gauging interest in an investment property analysis service
Hey everyone, looking to gauge interest and capture some feedback on an investment property analysis service I'd like to provide to Real Estate investors. Not looking to sell anything here, but mainly looking to find ...
Yamin Htet
downpayment for multifamily
Looking for a 3-4 unit multi-family in greater boston area. How much % of downpayment do I need, 5% or 15-20% for a conventional, owner-occupied loan? I already had a FHA loan so looking to find another low downpaymen...
Jered Sturm
Ohio Security deposit law
I was reading an article and found this law for handling Ohio security deposits:OH "Any security deposit in excess of fifty dollars or one month’s periodic rent, whichever is greater, must bear interest on the excess ...
Account Closed
Mortgage broker with gmail address
Hello - I'm in the process of buying a house. The regional lender referred me to a broker, who he thought could offer me rates. I'm able to get a much better rate (at least 0.5% lower than if I went to a national ban...
Zackarias Aitchison
What Do You Like To See In An Investor Package
Hey!I want to create a strong investment package to send to possible investors. For single-family and small multifamily investments, what numbers do you like to see as proof of the investments worth?Thanks in advance ...
Willem Young
Rental Financing
Can anyone recommend a good long term take out financing option for us to pay off our bridge financing and hold real estate as rentals in Chicago? We would prefer not a conventional lender. We are familiar with B2R ...
Wei Cho
"Shopping" for refinance lenders
Hello!My husband and I are about to finish remodeling our duplex, we're about a week away. We've own the property for a year and I'm in the beginning stages of the refinance process. I'm speaking to two lenders about ...
Lisa D.
Investment prop-Conventional lenders???
I'm looking for lenders who'll do conventional financing on investment properties. Does anyone know which lenders will do that? I've submitted inquiries online to a few different lenders who supposedly do, but they ...