Scott B.
4-plex or 5 -plex?
BP's,I'm looking at a property that has 4 units in it. These 4 separate areas are a 1 bedroom and 1 bath. There is also a duplex attached to this building, so I'm assuming for lending purposes, this building is classi...
Justin Elkomy
Conventional Loan Question
Newbie here. With a 740+ credit score, how much of a down payment can I expect through a congenital loan? For example, if I wanted to put a down payment on a $200k condo, do I HAVE to put down 20% each time? Thanks...
Dylon May
NC Down Payment Assistance Programs
I have been laser focused on how to get my foot in the door (strategy), and I think it will be by purchasing an SFH, and living in it for one year, then renting it out. I want to take advantage of all of the down paym...
Michael S.
Do the 4 to 10 allowed mortgages include Primary?
I am looking for clarification on how my primary residence impacts my ability to max out the amount of loans I can take out. Regardless if I can do 4 or the maximum 10, is my primary, owner occupied residence (mortgag...
Tiffany Spann
Are two hard money loans possible for one property?
Is it possible to get two hard money loans for a property that is being flipped? One loan for the house, the other loan for renovations.
Evelyne Ling
Junior Lender Foreclosure questions
Hi everyone,
I'm a junior lender on a property, and my attorney is advising me to buy out the first lender so that I can foreclose on the property myself. The sale proceeds likely won't fully cover my loan.
I have a...
Ericka Mizuta
Writing own note on a investment property
Does anyone have experience with writing my own note on equity that is in an investment property? I have a few rentals that all have equity (as well as my primary residence). I would like to use this equity to re-in...
Matt Ferch
How do you get a refi after you leave your W-2 job?
I can foresee a real estate path that allows me to leave my W2 job and the thing that keeps rattling around in my mind is that having a W2 makes getting a conventional loan possible/easier? For those that leave a trad...
Austin Lynk
[Updated] Diving in head first - how does my plan sound?
Hey all - really appreciate the feedback on my first post. Since then, I've determined that I'm going to forgo the live-in property (not by choice, necessarily) and shoot for a pure investment property.With that said,...
Andre Houston
Trying to figure out dadu funding
I have a property that is dadu ready I have a heloc for 227,000 I want to build a dadu with the heloc money but I'm sure the cost is more than my heloc how do I get the rest of the money to finish the build so I could...