Devin Fakner
Financing with HUGE Lending Problem
Hello Fellow Investors...
I've run into quite a large problem with a house I have under contract.
Situation: My wife and I recently purchased a house to move into in November. The loan was sold to another lender in...
Hunter Stubbs
My Beginner Situation- Advice?
Hi-- I'm hoping to get a small multi-family home to live in and house hack. My situation is I'm a delivery driver that makes 22k annually. Almost no saving. And have a car payment.
Am I going to be able to find a le...
Lauren Thomas
Has anyone analyzed new construction and how did you do it?
We are considering building a brand new triplex and would love a tool to do an analysis. We have the figures for total cost to build, cost of loans for new construction and the estimated time frame to complete it bef...
Clarence Harris
Season or go with a hard money Lender for P&I product to repeat
I have a duplex that I purchased with 100k Personal lines of credit (great rates) BRRRR method. All my money is tied up. Now, If i season 6mos, at 75% refi and reasonable closing cost with a traditional loan, I will...
John C.
Funding to Purchase 400K Condo in NJ
Hello,I am looking to purchase a condo in Wildwood NJ, for 400k. It would be used as a STR, Revenue 75K annually. HOA $1377 monthly includes utilities and insurance. Taxes $560. I'm aware this doesn't look profitable...
Tim Wilkinson
Need refi , rehab, with sweat equity if possible
Hey all. Trying to figure out how to help my old man out. Here is his situation. He lives in SC, but owns an investment property in FL. This mortgage would be for the investment property. He is 69 years old (maybe tha...
Kevin Porter
Using conventional financing as my exit strategy?
Say I use a hard money lender to get my foot in the door of an REO, once it's rehabbed, I put it back on the rental market. (As my exit strategy from the hard money loan) If I use conventional financing to get a refi,...
Billy Hills
Duplex / Muilty family
My wife and I have decided to buy one or two Duplexes. (apartment buildings) I am not sure on the actual term. We are thinking cost wise it would be easier to have to replace one roof . Than four in the long run....
Donivan Norton
Super short term loan needed
I have a client needing a short term loan to finish a rehab. By short I mean 60 to 90 days and about $30-50k. Credit cards are tapped out due to projects, score alright but affected by that (low 600's). Loan to value ...
Matt Maluchnik
Lender said this to me....is he right?
Had a Lender say.... "No one can get you a loan on an investment property unless you have already lived in a property that you own for at least the past 12 months."
(My situation: great financials, but live in apartm...