Jim D.
Will the bank call this loan due when dropping the PMI?
Asking for a friend (really). A friend of mine purchased an 4-plex about a year ago with a 5% down owner-occupied conventional loan (HomePossible). He purchase the property in his personal name, but after the purchase...
Nathan Cao
Bank of America Requires 20% Down
I just received a call from my banker telling me that this policy would be effective on June 29 2008. This really slow down a lot of new investors like me. Does anyone know if this applies for the whole lending indust...
Joshua Lee
Getting started with $0 and zero equity?
I've read about house hacking the BRRRR method, FHA loans, etc.. I'm ready to get started, but not I'm sure about next steps. Maybe you can help?For the last 10 years, I've been living in Asia running a small marketin...
Billy Hills
50.00
Some one told me, if I was going to be a buy and hold person. like the triplexs I have been looking at. If I paid a extra 50.00 a month it would nock years off my loan. I tried several times to figure out the math...
Gregg Truex
Can a DSCR loan refinance another DSCR loan to gain equity or a lower interest rate
I am getting a DSCR loan to buy a STR. My question is if the first DSCR loan is 9% and 5 years from now the rates drop to some lower rate like 6% can I get a new DSCR loan at the 6% rate to replace the higher DSCR 9% ...
Brandon Dubisky
203k advice for a 1st time investor
I'm looking for advice to acquire a 203k loan on my first investment property. I know I have to live in it and that is my plan, but how long do you have to live in it before you can sell? Any recommendations for 203k ...
Haritha N.
Newbie questions on buying mortgage notes
I am fairly new to the concept of buying/selling mortgage notes and I have been reading about it. From what I understand (to put in simplistic terms):
Lenders (could be banks, financial institutions, private people) ...
Andrew Campbell
Best Way To Pull Out The Equity From Our Portfolio Is...?
I'm looking for advice/ideas on the best way to access the Equity we have built up in our portfolio. We have 5 small multi-family properties, all financed with traditional 30-year fixed rate loans locked in sub 4.75%...
Jack Dephillipo
High Closing Cost - Anny Suggestions?
Hi all, I'm currently under contract for my first rental property in South Florida and I'm finding that the closing cost provided seems high for a smaller loan size. I've attached a picture of the fees worksheet which...
Giovanni Schiano
Lending Options and Strategy
Hello all,
I am currently analyzing deals nightly to continue my investing journey, as I sit here nightly analyzing I seem to find myself in positions where nothing with positivly cash flow. I know cash flow is thou...