Lisa Juarez
Help with a Lender issue
I was set up with a lender by my new realtor. He talked like buying an investment property was difficult with no money. He didn't seem to grasp what I needed & because I mentioned seeing an ad saying it was eligib...
Mike James
Real estate
Hey does anyone have a lender they recommend that deals with real estate investors..I went to my bank but I didn't get the info I wanted
Stephan Bataillard
Advice on types of lenders for refi on rental property
I'd like to know what types of lenders I should go to refi rental property.
My primary residence is a rental.
I'm a freelancer with a mix of W-2s and 1099s and my income varies year to year and especially this year ...
Jeff Bousquet
Commercial Loans Question
How is the morgage process for apartments over 6 units?I understand a commercial loan is required. Is down payment a standard 25%? What are the reserves requirements? Anything else required?
Sabrina Maples
SFH vs Small Mulitfamily transaction as an agent
I've done SFH transactions and land transactions but am looking to focus in on small multifamily. Is there any difference in the process as far as purchase contract or due diligence periods or inspections or is it exa...
Ryan C.
Overseeing Authority on mortgage closing ?
Need some help….I refinanced my primary residence last December (2020). I did what was called a CEMA modification because I was using the same lender. (For those that are not familiar with those, it’s too long to expl...
Chris Stuehser
Can I use a physician loan to purchase a duplex?
This is my first post, but I have been lurking for about a month now and I am enjoying the discussion and appreciate what I am learning from this forum. Thanks to all for your contributions.
Here is my situation. I a...
Genevieve Vienneau
Vendor Take Back versus Promissory Note
Hi, I'm working on making an offer on a quadriplex that needs work. My plan is to do the work, rent it, and refinance it. The seller is prpared to offer 20% vendor take back. I have a few questions:- If I'm dealing wi...
Jonathan Vizcarrondo
Should I contact more then one lender?
This is my first time in the process of buying a property. I contacted a lender (I'm in the process to know how much $); a realtor (investor) gave me the reference. Should I contact more then one lender?
Chad Harter
Low Loan Amounts Loans In Michigan
I am wondering if anyone knows some specific lenders that will write a mortgage for low loan amounts on investment properties in Michigan? Specifically, if I buy a house in Southfield, Berkley, or Ferndale using the ...