Jimmy NA
How do I finance this deal?
My Plan:
Purchase (2) adjacent properties, (3) family and (2) family (separate deeds.) I want my downpayments on each to be as low as possible. A loan representative told a can do 1 closing, 1 loan. Another mort...
Frederic Petit
Interests only investments
Hi everybody.
Here is my first post, I have been reading the forum for the last 2 weeks now and find a lot of resources very helpful.
I am interested to know from experienced investors if it is a good solution to bu...
Rob B.
Portfolio Residential Loans
How does financing work on residential portfolios? I'm looking at a portfolio of houses (9) in the Central Valley, but I'm wondering how financing for a portfolio of SFRs works. Is it a series of residential loans or ...
Mike Dymski
HELOC in South Carolina
Does anyone have a recommendation for lenders doing 1st mortgage HELOCs on investment property in SC (Greenville and Upstate SC)? I know lenders who do closed end HELoans on investment property but not HELOCs. Resid...
Corey LaRocque
Freeze damage SFH - Lending bank requires turning on water for appraisal
Hello, My husband and I are in the process of purchasing our first investment property. It is a bank owned SFH with an electric boiler. The water service has been shut off on the property due to freeze damage. We ...
Jerome Morelos
FHA 203k Loan question
Is it possible to refinance an FHA 203k loan into another owner-occupied conventional loan to get a higher LTV?
Account Closed
Business purpose loan becomes consumer loan
If I lend to a rehabber's LLC for the purpose of a fix and flip, this is truly a business purpose loan, at that point. What if the rehabber after the rehab sells subject-to my existing loan to a owner occupant, do...
Madhu Kumar
Can you buy properties using Note
Hi,I am looking to finance a distressed property which is $25k and need to put at least $15k rehab money, which will rent around $1000 when all done. I have had 3 properties like these so far and I know how well it wo...
J Pozza
Looking for advise for Cash out Refi lender in Tenn
I have a property paid for and cash flowing now like to get cash out purchase another investment in NashvillePlease any suggestion for both Cash out Refi and DSCR loan for new investment purchaseThanks Joe P
Beth Osler
Looking to pull equity *quickly* from almost fully owned Mixed Use Property
I own a mixed use property in Hermann MO with only 5k left on mortgage. All 5 units currently rented: LT renters $850/mth, Retail Shop space $850/mth, and 3 STRs averaging 6k per month. Last appraisal was Jan '17 a...