I’ve been calling around and talking to different local community banks about obtaining a commercial loan for a multi family purchase, and ran across a bank that only requires 10% down. Obviously numbers on a purchas...
Single family home downtown Los Angeles FHA Loan 30 yrOriginal loan amount - $137,514Original loan date - 8/11/2013Current balance - $131,082Interest rate - 4.250%Monthly - $1,288Property description:4 bed / 2 bath 1,...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $540,000
Cash invested: $108,000
Investing in South Texas offers additional benefits The price per square foo...
Hello,We are investors in SFH and have brrrr’d (buy, rehab, rent, refinance, repeat) properties in the past.We have been looking into the mobile home park space as we have some friends that are investing in that space...
Good morning everyone,I have located a large scale multifamily property (96 units fully occupied). My question is in regards to how the financing of such a large scale project works. The property is priced at just un...
first time forum poster looking to invest and curious on how it works
We are nearly finished renovating a rental property in Oklahoma, and have started rehabbing our primary home in Tucson, AZ. My husband was recently transferred to SLC, UT, and we're updating to potentially rent or sel...
Hello Everyone,Does anyone know of a lender who can provide a 1st lien HELOC on a 2 unit rental property? Great rental income, strong FICO, low LTV (60% or below), strong liquidity and PFS. Thanks in advance.
I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...
I’m a 28 y/o female who just finished a owner occupied renovation using an FHA 203k renovation loan. I put 3.5% down, purchased the property at $110,000 and put another $110,000 into it. I’m estimating because of the ...