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Results (10000)
Joe S. None QM DSCR loans with low seasoning time
6 March 2023 | 16 replies

Does anyone know of DSCR loans that have very little seasoning required?

Daniel Smith Cash-Out Refi vs. Delayed Financing: Can't decide!
23 February 2020 | 21 replies

I can't decide whether it's worth it to immediately do a Delayed Financing cash-out upon completion of rehab, or whether to wait 6 months and do a regular, cash-out refi. If I'm reading the eligibility matrix correctl...

Raylor G. Multiple Mortgages, Multiple Properties
16 June 2015 | 3 replies

Hello BP,When you have multiple mortgages on multiple properties, is it best to useone lender or to spread them out. What are the pros and cons?

Swetha Reddy Out of State Investor Commercial Loan in Alabama
3 November 2021 | 8 replies

Hello BiggerPockets,
I am an investor from KY, looking to invest in Alabama, and I am having an issue getting a response from lenders.
I have another property in AL that was paid in cash (6 unit) and not able to re...

Ram Rao Renting primary residence after 4.5 years of financing due to job
7 February 2017 | 2 replies

Hi,I need your help understanding Wells Fargo (and other lenders) policy for renting the home in California.We got a 30 year fixed loan from company-XYZ which sold it to Wells Fargo; my family and I have been living i...

Jim Coleman Can loan buy property and supply money for repairs?
4 July 2019 | 3 replies

What I'm asking is when taking out a loan for a property to purchase can I take out extra funding to make repairs on the home as well? I want to buy a property to rent out and use some of the loan money to make repair...

Jon Klaus Cash out free and clear homes?
20 June 2009 | 3 replies

I am buying HUD's for cash to hold and to lease/option. What is the current situation for cash out financing? What LTV's can I expect and who should I go to for these? Will appraisals be based on my purchase/rehab ...

William Smithson HELOC for Down Payment
3 August 2019 | 3 replies

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?
23 August 2020 | 5 replies

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
12 October 2020 | 3 replies

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...