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If a multifamily owner sells a portfolio and then owns only a personal residence, but has cash from sale, will they be a less desirable borrower to lenders? In other words, does owning an unencumbered cash-flowing RE...
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hello everyone, is there any banks or lenders of any sort that would give out loans on a paid off property if the owner has low income ? My Dad wants to invest his money into my flips. im offering him 10% in 6-8 mo...
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I got my closing disclosures today for a house with closing date in a week from now and purchase price of $1M in California (LA county). It was the first time I inspected loan costs beyond the 'interest rate' in more ...
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I know in residential lending you can get a HELOC to borrow a down payment to buy another property. Does this exist in the commercial realm? Current value of paid off property is roughly 350k , looking to borrow 75k-1...
Hi All,Hopefully a quick question and apologies if it has been asked previously, I was unable to find the answer in my searches.A business partner and I co-borrowed for our first investment property. We both live the...
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Thinking about some ways to do creative finances on buying property with no money down. If someone got a HELOC on their personal property and used the funds to buy a rental property in turn the income from the rental ...
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In contract to purchase a CFD in MO. Have done most due diligence items, but I'm stuck on two pieces that I'm not sure about.1. The seller doesn't have the borrower's driver license or any identity verification paperw...
Need flexible funding for your deals? Private money could be the answer. Whether you’re looking to dodge the bank or want greater control over the terms of your deal, that’s exactly what this creative finance option c...
Mortgage rates are set to fall this year and well into 2025, all while housing inventory steadily increases. We’re in the best housing inventory position since before the pandemic, so the question is: what happens nex...
Should you borrow money for your first real estate deal? We’re not talking about taking an interest-free loan from your mom; we mean using “private money” to finance your investment. This type of investment property f...