I am in the process on closing on a short sale. We plan on taking about 3 months to renovate then I would like to get a mortgage on the property. I cannot seem to find any information on if there is a waiting period, ...
Hi Everybody,Can anybody recommend a lender in Massachusetts, connected to appraisers that understand our market here, that is an expert in the Fannie Mae HomeStyle mortgage program? I'm looking to get into buy and h...
I met with a commercial lender to see if I could put together a line of credit collateralized by the properties I already have. He said he could do it, but I would be refinancing my cheap 30yr mortgages into shorter ...
Hello,As the title says, I have found some properties that look to work in terms of cashflow and rate of return but I've never actually purchased a property before. The math works out online and tenants already live i...
Hey y'all,I am new to this real estate investing stuff and I am trying to create a plan to move forward. In my planning I identified a question that I can't really find the answer to and I was hoping y'all could help....
Hey all,
Was wondering if anyone can suggest a portfolio lender in the Hampton Roads area of Virginia or a bank who is investor friendly. Attempting to implement the BRRRR strategy on a single family home.
Thanks i...
I'm currently looking at a duplex. Half of the duplex was recently renovated and the other half is livable, but definitely could use some updating/appliances. I've been reading up on FHA 203k loans; however, I cannot...
We are looking to my our primary home using a renovation mortgage loan. If you have experience working with buyers using reno loans drop you info below. Im an agent myself but we are new to the city so an experienced ...
Hello BP Nation!Thank you for your responses the last few days!My next question, how do I build lasting Lender Relationships? What are they looking for? Are there nuances to the relationship that I should be aware of?...
I am putting in an offer on a property listed on the MLS. The property is bank owned. If I am planning on using hard money or private money to fund the deal, how should the contract be written up? Is this written u...