Interested in knowing if any investors in NY are around.. how are you financing if not planning on living in the property? Any lenders you would recommend and how much higher are the rates are you seeing? Are you need...
Should I refinance my personal home with local bank in order to develop a relationship for investment purposes later on? Or should I search for the best mortgage lender nationwide to get the best interest rate? And if...
I recently had a client indicate that he has a HELOC available to him based on the equity in his property and the value of his retirement funds. Does anyone know of banks that will do this with a high LTV (around 90%...
I recently applied for a line of credit that was going to be backed by a multi family building I own outright. I like the idea of a line of credit due to the fact that I can pay cash quickly for deals that I find. I...
I’m curious, do I need absolutely great credit to get a loan from a bank in order to invest in multi family homes? I’m new to this.
ARV: $190kOwe: $113,5XXPITI: $1,153 (current now, but they are going to stop making payments: divorce situation)5.4% APR (30 year started 2/1/2006)Lender: US BankRepairs needed $65k (ex husband gutted most of the ...
Any landlords out there used this cozy.co site to collect rent? Free service, seems great, best part is they set up direct deposit from your tenants account to yours so rent is always on time.
Hello everyone, I live in upstate NY with a very good rental market. I currently own 2 rental property’s, along with our home now. My rentals cash flow pays for all 3 mortgages with a couple hundred left over. I’m cur...
Someone has told me that if I try to owner finance a primary residence it will allow the mortgage company to call the entire note due. Is this true?
Is it safe to say that when making an offer on REO properties you should always make the offer as cash even when using hard money then amending the contract to reflect financing after acceptance?