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I’m closing on my second home with a little local bank and the loan product they offer is incredible. Here’s the way it works:
I find the deal and bring it to them along with a scope of work from my contractor. They...
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This might be an incredibly newbie question, but I feel like it gets glanced over a lot.How does the Refinance portion work from the perspective of the bank? Let's say I have a house with a completed rehab that is val...
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I just got off the phone with the regional bank here in town. I was inquiring about a loan product for 3 or 4 units. It seems since they are fannie mae based I have to come up with a "Loan Level Price Adjustment" of...
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Does anyone have experience with Auction.com?There have been several properties in my local market that have been on Auction.com for several months, They have released the reserve price, which seems to me to be a good...
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Hi, I have purchased 6 houses prior to going in to Escrow on a 2.5 acre with a house residential property in Winchester, CA on the border of Temecula, CA (new wine country in Socalif).My Earnest money was stolen and I...
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I am considering refinancing a property I am fixing up and renting it out. I am wondering what sort of loan I would be able to get with a high LTV. From what I can tell the smaller banks are going to be my best choice...
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I've been very successful with purchasing REO's for 10k-25k and renting them out for $625-$700 to sec. 8 tenants. I've used credit cards with fixed rates and Bank of America to mortgage the properties, but these types...
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Hello all,
I'm researching to get started in the REI market in Miami. Is it possible to visit some of the county public auctions to see how it works? Or is it exclusively for those that put deposit cashier's ...
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Hey guys, I'm currently saving up for my first real estate purchase and looking for ways to expedite that process. Currently, we are putting our money into a basic savings account at 1.45% interest. Debating puttin...
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BP,I got a quick question regarding cash buyers. So I was cold calling CL ads today to network with cash buyers. I got a guy on the phone, we spoke about how many properties he has, what he likes to buy ect. ect.. So ...