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Hello again. Here's my situation. Im broke. I have great credit thanks to the myfico forums and a total credit limit of $14,000 I have no debt and just pay my cell phone bill and the Verizon triple play package bill f...
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Is it possible to get a property thru a HML or REI, rehab the property and then get it sold thru a traditional mortgage? I know that is possible but exactly what I'm trying to do is get people in homes that dnt usuall...
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I am looking to purchase a home for $400,000-$450,000K but am having a rough time come up with that 20% down. I don't want to use FHA due to insurance and taxes being rolled into my mortgage making my mortgage higher ...
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Let's say the property sale price is 290k. Can we increase the price to 385k, and have the seller gift the 25% down payment? Or possibly loan it? For a regular fannie mae investment property loan on a 2-4 unit.
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I was hoping to get some advice.I live and work in OC California and I recently purchased my first two rental properties in Oct 2016. They are both out of state (one in NC and the other in IN)I am already looking/plan...
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Hello everyone,Mother in law has a condo in CT with about 37K left to pay on it, nearby similar condos have been appraised at around 90K to 140K. My wife and I are trying to find out the best way to take over the loan...
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This question may have been answered elsewhere but I’m not seeing it. What would be the issue with getting a conventional loan, rehabbing, renting, and refinancing? Is it simply that most off market deals require cash...
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I have been kicking the idea around in my head on buying a larger 10+ unit building and most of the banks have either said they don't finance on larger than 4 family or it would be a 5 to 7-year balloon note that is ...
Story starts; Husband in service used VA loan Certificate in Virginia (bought and sold), Retired after 20 years. Used VA loan a 2nd time in MT; did a Deed-in-lieu-of in 2012. Due to medical expenses. House in foreclos...
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Having been through a handful of conventional mortgages for buy-and-hold properties, I’m exploring a commercial/portfolio loan for my next SFH purchase. For small investors who have been through this, anything I shoul...