Andrew Alan Navarre Rhodes
Looking at getting back to being a MLO
I used to be a loan officer awhile ago and left the industry to be in the military. Fast forward about ten years and I am leaving the military to start a civilian life. Heavily considering getting back into it on a pa...
Louisa Davis
Creative way to pass on my 3.5% rate mortgage when selling duplex
Hello! I'm looking for some ideas here. I bought a duplex last year when rates were low-low-low. The 30-year fixed interest rate is 3.5%. I have since bought a second, larger property. I'm looking at buying another la...
Edward Suess-Hassman
Vehicles for saving and funding your REI
What vehicles or strategies does everyone recommend to fund their Real Estate Investments? I'm specifically looking to what should I do with the money I am saving? I have a 457 I put money into that I can leverage, bu...
Jordan Noble
Cincinnati OH (Norwood) Duplex BRRRR (minus the rehab ;) )
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $167,000
Cash invested: $16,700
Norwood Turnkey Duplex
What made you interested in investing in thi...
Lynne Castillo
Loan for 75k and under
Hi all, I'm under contract to buy a house in Chattanooga, I'm wondering if anyone has a solution to avoid paying all cash. I have 2 others that I own outright , cash purchases. I do this because I can't prove in...
Phil Jones
Lenders in the area for non-conforming loans
Hi Everyone! A good friend of mine is looking to purchase a home in Westchester County after living in the city. They are having trouble getting a traditional mortgage (this will be their primary residence) because of...
Ryan Kennedy
BRRRR answer needed pronto!
Hey Guys,Sorry I'm terrible at math but I have a rather urgent question. I'm getting a private loan from a friend to fund a BRRRR that I plan to live in once rehab is complete. I just want to know what the home will...
Martin Ceja
FHA Loan or 3% Down Conventional w/ higher interest?
I've been talking to a few Mortgage Loan Brokers in my area (Inland Empire, CA) and asking them about FHA loans but most of them have been recommending a low down (3% down) conventional loan with a "higher interest ra...
Dan N.
Question about the Refinance part of BRRRR
There is something that I don't seem to understand about the refinancing part of BRRRR.Whether you buy a property with cash or a hard money loan to fix up the property, DSCR and conventional loans require a seasoning ...
Joanne Gonzalez
Do I need to put a lien on the property ( a piece of land)
I am allowing someone to borrow $10,000. And as collateral, they have put up a piece of land that they own. In case they don't pay, I will keep the piece of land. Do I need to put a lien on the property or is a detail...