Sean Brown
Refinance a HML (New Jersey)
I have a mortgage 385K on a property I am living in. I have 100K and am seeking a 200K construction loan to renovate, add another floor with significant improvements. I am finding it difficult to get a Construction to...
Eric McAvoy
Rental Property Loans
Hey BP Team!I’ve recently switched to a full time sales job that’s commission only. I know that without 2 years of I come history it’ll be near impossible to qualify for rental property mortgages. Do any of you have a...
Dustin Hedrick
Trouble with Financing - House Hacking with a Duplex
Hi BP, I am running into an issue with our lender and am reaching out to see if anyone can give some advice. We finally found the perfect house hack opportunity after looking for half a year. The property would pay fo...
Tyler L.
Question regarding rent used in FHA loan qualification?
So, I’m a little confused on one aspect of FHA income qualification.
As I understand it, the debt-to-income ratios on the mortgage can be no more than 31%. However, for house hacking, lenders are allowed to count 75%...
Samir Ariwala
Group of investor with LLC getting a loan
Hi,I would like to know what is the best way for group of friends to start purchasing rental properties. We would like to create LLC and get loan under that LLC name but I am finding it hard to get loan that way. Any ...
Ebenezer D Grant
Newbie intro...getting into multifamily/commercial Realestate
Hi everyone..my name is Eb and I'm new to the community. Glad to have found BP as it seems to have a lot of good info. I'll like to get into commercial R/E investing. So far I've been studying, doing research and cl...
Aimee Tarte
Questions about lenders
I have a small business with an SBA loan that has both of my rental properties as collateral. They have tons of equity but I cannot do a tradition refinance because of the lien. Can hard money and private lenders such...
Manoj Abeysekera
Non-Warrentable condo financing
I'm looking to see whether Lenders would do non-warrantable condo financing with 15% or less downpayment for owner occupied property. Property is in Alexandria. Any insight greatly appreciated.
David Smith
Best way to get loan for small mix-use building in NJ
Any good lenders? Banks or brokers?Already approved for a loan for a residential deal; but that residential mortgage person cannot do mix use. Hudson county.
Mario Ta
Financing out of lease purchase
I'm looking to purchase a small rental that I'm currently renting at the end of my lease purchase agreement. I'm looking for a private lender cause I don't qualify for conventional mortgage. My thoughts were8% amortiz...