Kyle Shepherd
Seller financing + private money rehab?
Rookie question here.Is there a way to do a seller-financed arrangement for the purchase part of a property, but do a private/hard money loan for the rehab costs on that same property, and then refinance ONLY the reha...
Andy Wong
preforclosure options(legality)??
If the owners are in preforclosure, can I offer a flex option contract and assign the contract if I locate a buyer without having to notify the lenders? Or will I have to get approval from the lenders?
Ronnie Boyd
HUD Fix&Flip
"If" you do a fix and flip with a HUD Home, is there a waiting period to put a FHA loan in place with your end buyer? ie: 90 days etc
From what I understand there is not one with conventional mortgages but w...
Andrew Bissada
PMI amount inaccurate?
My lender gave me a quote on a 10% down on 300k. The monthly PMI was $45. I mentioned this to a friend of mine and he thought that was abnormally low. From my recollection, I thought it was low as well so I googled it...
Frank Costello
First post - self employed - west chester pa
Having issues being self employed and getting primary home financing. Have good credit and lots of cash to invest. Is it better to buy the home in cash then turn around and "cash out" and or heloc? Use that for invest...
Demarcus Crump
Finance Cost- Leaning material/labor cost as well as HML cash to close cost
Greetings BP Fam, getting the gist on how to run my numbers when it comes to FIX & FLIPS. Im wondering whats a great way to learn the cost of materials and labor AS WELL AS my finance cost when it comes to HML an...
Chris Roberts
Qualifying STR Income For Refinance
I'm trying to get a HELOC on my primary residence but am having trouble because my DTI is too high due to the mortgage on an STR. It has significant rental income for 2023, 2021 and 2020 (none for 2022) but since it d...
Tim Steele
Proof of funds for personal property?
Hello,Closing in a house and the lender is asking for "proof of funds for personal property". I hadn't heard the phrase before. Calls to the lender have gone to voicemail. Can anyone explain?
Account Closed
Anybody know of any Lenders who offer HELOCs OR Home EQuity Loans on Rental Propertie
Hi there,Anybody know of any Lenders who offer HELOCs OR Home EQuity Loans on Rental Properties? I'm in Michigan.Thanks Boss,Mark
Eddie Pietschmann
DSCR loan recommendations
Hi everyone!I am looking for recommendations on who to use for a few DSCR loans. I have two projects going on that I would like to refinance into DSCR loans, but not sure who to use yet. Any recommendations would be g...