Has anyone ever applied for a conventional loan and just used a hml for the 20% down payment? Is it possible to then turn around maybe 6 months later and refinance that 20% down payment with the conventional loan comp...
I want to buy a mobile home in Florida for 60k cash and rent it out. Monthly income is about 900, no lot fees / no HOA. The property value based on comps is 100K.After that I would like to apply for a 300K loan to buy...
I have 4 guys who are friends and recently graduated or still going to college applied for my apartment. 2 brothers and another person had cosigners but the 4th person. 1 of the cosigner has very high income, the othe...
I brought a vacant lot in Newport News, Va from Wells Fargo REO Dept. Can u refinance land? The property assessment values is $10,000 is they a way to do this! And with who? The property is in a LLC , paid for it as a...
My main question is, can I buy a multi-family deal with a FHA loan? I do plan on living in the property (which I haven't found yet) but I didn't know all the restrictions. I assume this loan is the same for all s...
Hello,My name is Jerett Sanderson and I am a fairly new to real estate investing. I have one multi-family property that we are currently house hacking. I am focusing on learning how to BRRRR and invest in more Multifa...
I have a single family home under contract and the bank I was originally pre-approved with didn't go through with the approval. So I contacted a local credit union and a local bank to try and get pre approved for an f...
First, Happy New Year to all!
As we continue to build our RE portfolio - we are expanding in other markets outside Detroit as well. One of the states is North Carolina. We are in process of applying for a new constru...
Hello BP would you do a cash out refinance of your personal home to purchase real estate ? I have the opportunity to purchase 2 rental properties. I applied for a mortgage but was wondering if a cash out refinance wou...
Does anyone have a website or resource for calculating amortization schedules where you can input how a large lump sum would impact time & overall pay down of the loan, or how regular extra principle applied to th...