Could anyone point me to a MHP lender that would entertain a loan on a $425,000 purchase. 28 space park, 26 homes, 24 occupied. No park owned homes, city water, city sewer, paved road. NOI around 47k.

We would like ...

I heard that commercial loans are a challenge to get, I was wondering if this is true. I read and researched that the property needs to make good money in order for the bank to approve you. Do you also need assets f...

Hey guys, brand new member here! Looking to by my first rental property. Looking into Memphis, TN and Huntsville, Alabama markets. However, I may have a problem. My question is...is it possible for me to get a loan fo...

So, i am am 22 and im using my VA loan to buy my first property in the next at most 3 months. It is a 7 unit and should be getting me some very nice cash flow right away approximately $1300 on the low end to about $20...

I have an LLC and intend to move a couple commercial properties under it.  Lender has said that that will result in the loan being called?  I have heard others talk about doing this and mention that lender is not like...

Excited to invest in my first property! I understand that having a property under an LLC is wise. However, I cannot seem to get a business loan for it, given that it has no revenue since I don't have a property for it...

Long story short. Purchased a townhome 2018 before the military using FHA loan. Joined military 2019 deployed, came back and bought a single family home in 2021 using VA loan. Both are currently being rented. Talked t...

Hey BP family can anyone explain the meaning of a step down pre payment as well as yield maintenance and how an investor should look at and evaluate both when looking for a Fannie Mae loan or a recourse(bank) loan.

How much should one expect to pay in closing costs for a typical rental property loan right now. I am looking to borrow $225,000 with a conventional loan. I see these online sites with rates as low as 3.75% APR, bu...

Hey all, I am a newer investor in Lexington KY.  We have a quad we bought about 3 months ago with a conventional 30 year loan.  We formed an LLC but still haven't had time to quick change it over.  In the meantime, we...