William Smithson
HELOC for Down Payment
Hello!I am a new real estate investor. I have a fair amount of equity in my current house due to house hacking (~100k). I want to use it to purchase a rental property in the area. I know there are options with HELOC o...
Jimmy Lieu
When should I use a local credit union for financing?
I have heard of a few buyers using credit unions to get financing. When do you recommend going with credit unions? I would love to know more about your experiences with using credit unions and when would be a good tim...
Alejandro Flores
Brrrr & Mortgage at the same time
I am living in an owner occupied (OO) apartment financed from a hard money lender (HML) and my only debt in the bank system is the lease of my car.
Can I get a mortgage for a 2nd apartment with my salary and then ref...
Blaine Martinez
Financing non-warrantable condo in Denver area
Hi all, Just got a non-warrantable condo under contract today, that was in foreclosure, in the Denver area ( Aurora ).My non owner occupied mortgage was pre-approved before searching for properties, but not for not-w...
Robert Mungillo Jr
How do auctions work?
How does an auction work? Is it the same as a forclosure? Can you finance a house that is on auction?
Julie Smith
Future Rental Income DTI Miscalculation
Hi everyone,Hubby is in the process of getting a conventional loan for a single family investment property. Put 25% down and tons of reserves (over 100k). He has also owned and managed multiple properties for several...
Jessica Beltz
Can one get Interest Only Mortgages on Office Buildings?
I am kind of retired and looking for income at this stage of my life. Not equity building.So I am thinking of purchasing office buildings with long leases on a NNN basis in other states like FL. Price between says 75...
Marc C.
Freddie Mac names top multifamily lenders
http://finance.yahoo.com/news/freddie-mac-names-to...Maybe the next time someone posts "Multifamily lender wanted" they'll check this list first. These loan brokers also do non-Freddie financing. (Freddie's Small Bala...
Michael Williams
Interviewing possible commercial lenders
I've secured a private lender and I've just received the funds in my account to purchase a small (2-6 unit) multi family property. I would like to speak with 5 or more lenders before I purchase a property, what are di...
Patrick Liska
Release of Mortgage
Was wondering if i could get some help / advice. I invested some money in a flip and have first lien on the property. the investor has the house under contract and will be closing in two weeks. Their lawyers office co...