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Hello
I am looking to purchase a property on auction.com as an owner occupant to take advantage of the first look option.
My question is regarding financing. Can you use conventional financing to do so? I have 20% ...
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I'm starting out and looking to do BRRR deals. I have a question about Refinancing using an LLC. IF I have a private hard money loan/line of credit for a property and I am on the refinance stage, will traditional bank...
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All,
I have a bank that I have been working with that are great to work with and as far as I can tell give competitive rates on 5yr 20am commercial loans (currently 5.5% give or take I think). However, I see all ove...
Hello All, I recently got a verbally accepted offer on a fannie mae home. My offer was with a 20% down conventional loan program. Fannie Mae came back to us an said the home must be sold with a 203k Loan because the p...
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Asking Price: $319,000
Potential Purchase Price: $277,000
After Repair Value: $365,000
Repaire Value: $5,000
Equity/Spread: $83,000
Assignment Fee: $5,000
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If I borrow money from a private investor for down payment and rehab cost on a property and use a conventional loan to finance the rest, how soon after can I refinance the property?
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Hi all!I would like some advice on what my lending options are for the co-op my family plans for buy. The co-op will likely be purchased by a family member. It will be used as primary residence. Her and I already co-o...
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Does anyone know if the conventional FM/FM 10 percent down loan for vacation properties is still available? This is mentioned in Avery Carl's book but it was published in 2015. And if it is available, can PMI be avoid...
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I was approved for a large exposure limit line of credit. My understanding about this product is that it is intended for acquiring and renovating, and then I would refinance into a more conventional loan to finance lo...