I am having a hard time figuring out how I would be able to finance my next property. I am in Massachusetts. Basically, I have a single family home now that I live in and a 3 family rental property. I want to rent ou...
What to private mortgage lenders generally require as far as LTV? Like if I am looking at a house that has a ARV of 100K what could I expect to get out of a HML and does that include rehab costs?
Is there a good stra...
Hey all,We received an offer on a property today in which the buyer is using a USDA loan, a product I'm not very familiar with (but will learn). To cut to the chase, is USDA similar to a VA loan in that the buyer is e...
Hi guys,
I will have $15-30k per month to invest in buy and hold rentals in the Indianapolis market over the next year. I've been here for 28 years so I know the area fairly well.
The plan is to put 20-...
Hello! I'm completely new to investing, and am looking for advise. I'm looking at buying my first rental - a SFH in the Midwest. Currently I'm looking in Indianapolis and Detriot. I currently live in Sacramento, CA. ...
"Property A" is my single family home that my family lives in. We bought it HUD owned in January 2013 with a VA and it has a 3.125% interest rate. It's also got about $60,000 +/- worth of equity in it. I could rent...
I need all the opinions I can get on this one before I make a decision. I purchased a SFH 2 months ago for $150,000. After going back and forth with Quicken Loans for "delayed financing" I just got a call from the age...
Hi everyone,My wife and I are planning to purchase our first property here int he Decatur/Atlanta area. We're wondering if we should obtain a mortgage from the outset or pay cash and then refinance. The way I see it...
I have two rental properties and a primary residence. My two rental properties my wife and I have on 15 year fixed mortgages and are about two years into it. They are in the Tampa market. They have a significant amoun...
Hello! I'm a new investor getting started with BRRRR in the Detroit area. I thought I had found a couple lenders who would do fix and flip loans with new investors. However these lenders still require an appraisal, co...