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As I have heard, traditional lenders (banks, S&L's) want you have a W2 to refi a rental (ie long term 30 years, 75 LTV, 5% at this point in time).
What are your options if your employment situation changes? Th...
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I want to take out 150k heloc from my primary residence in nyc for some of the monies to go towards down payment on investment property (enough ltv left over). The primary note lender, a credit union, is charging a...
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Hello. I am new, and looking for some information on Seed Capital. Has anyone used this service?This service offers to find me multiple lines of unsecured credit, at 0% APR for 12 months, through personal and business...
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hi all-I've purchased NPN that were in BK13 and understand the implications of the BK13.I understand what Chapter 7 means as well, but, what I'm missing is how the workout generally goes. Is it a foregone conclusion t...
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Hello everyone!I started looking up what are the estimate closing costs in my areaand I found a calculator from one of the banks. The result was - estimate closing costs, including prepaid items and escrow account fun...
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Is there any way for two people (or two families) to invest in a rental property and get conventional financing?
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Hi all - I'm just getting started in real estate investing. I have not yet attempted to buy my first property. I understand mortgage basics, but the most real-world experience I have with loaned resources is my car...
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If I have a 4 unit worth $400k, I still owe $115k on the mortgage… can I do a cash out refinance even with no reserves in the bank? 698 credit score. I would use money from the cash out to make a reserve + buy my part...
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Hello,
I am brand new landlord and getting ready to find my first tenants. my realtor company is providing “ tenant search and screening” and charge one month rent for this service. I really can not see any differen...
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I'm curious if anyone has had any success using business credit based on an existing established non-RE business to purchase residential investment property? I'm in the process of talking with several lenders found b...