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Contrary to popular borrower belief, the mortgage business is actually more about people than numbers. In the beginning it might be all fun and games with X's & O's and spreadsheets of mortgage quote comparisons b...
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Hello I recently rehabbed a sf and now I have a tenant paying $1200 per month. I am all in at 80K the house is valued at $120k. I have Bond for title agreement with Tenant what kind of financing options I can use to c...
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As the topic states, will cash flowing properties disappear when interest rates increases?
Once rates go higher than 5%+ the debt service on the loan is going to increase. Not to mention the market will likely be le...
Hi. I currently own a primary residence and a second house in another state which my nephew and his family live in. I'm interested in buying an investment property but am worried about my LTV. The house my nephew live...
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Hello,
Is it possible in MD to purchase a residential house in anne arundel county that had entered the 'pre-foreclosure' process before the COVID eviction moratoriums took place? No other legal proceedings took pla...
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Hello,What is the typical waiting time before remodeling a house and when a mortgage can be placed on the property? I recently acquired a gutted house with cash and am looking to remodel the house before putting a mor...
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Hi Everyone,I am planning on taking the step on doing my first BRRRR in the Charleston area. I plan on using a HELOC for the down payment and rehab. I have a team in the area to do the rehab and a trusted realtor. I’m...
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Hey All,
Can a Non-Profit organization get a mortgage without a guarantor.? Property/Facility is owned outright by organization. As per bylaws no member can hold financial indebtedness to organization or be guaran...
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I currently am looking to invest in my first property by January of next year. I was wondering is an FHA the best way to go as far as financing goes. If so what is the qualifying process.
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Hello BP fam!
I have a situation where I have a "partner" who is my private lender. Neither of us have any interest in being under the same LLC. We act independently but have a business relationship. He finances t...