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Hi Everyone ,I am wondering what the likelihood of getting a conventional cash-out refinance loan on a mobile home (manufactured home) would be if I purchased it with cash. The sticking point is that the mobile homes...
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Hey Everyone,I'm a 23 year old 1 year out of college and eager to get into REI but I'm wondering if now is the best time. I have about 12k in cash/investments but 20k in student loans and have only been working for a ...
Hello Everyone!I am in the process of buying this property that needs rehab of about $30-$40k. I am buying it for a significant less money than it's ARV, so even after spending that much on rehab, the property will wo...
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Just curious as what would be the better option here:
1) get a personal loan that would pay for the land and the mobile home or
2) get two separate loans one for the land and one for the mobile home?
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Do you secure a property and rehab cost through hard money? Or use a traditional lender and rehab with HM?
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Hi. I have really good credit (personally, an 800+ credit score) and my record for paying my bills is stellar. The only potential issue is that I am a newbie and am looking to buy the first property. I am hoping fo...
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Hi everyone, I need your help!I am an Anesthesia provider and earn a great salary, have a 750+ credit score and low debt to income ratio. However, I am still having a hard time with financing because I switched from ...
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Need you all opinion ASAP. So I am trying to purchase a flip property this is the details....Tell me if this sounds good or crazyProperty 51kRepairs 30kARV 120-130kLoan Interest Rate is 14%Fee 4%pointsTerm 12 months ...
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Hi everyone has anyone taken the approach of buying a property for cash then renovating it then refinancing it to recoup your money? I was told that it may be an option I just would like other people's opinions on it...
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Hello BiggerPockets Community!I am about to start the process of shopping for conventional loan rates and getting pre-approved, but am concerned if I shop too much within a short time period it will adversely affect m...