Asif Ibrar
Do I qualify for FHA loan? If I have Joint mortgage already?
In 2016 I help my dad get a house by taking a Joint mortgage with him. He has been paying for the mortgage since then. I am interested in buying a fourplex with FHA loan. I want to know if I will qualify for FHA. Inco...
Brandon Von Sternberg
Partnering for Condo Purchase & Rehab
Hello! Wanting advice on what a fair split would be on the below situation. I want to purchase a condo with the loan 100% in my name, with the intention of completely remodeling the unit for potential rental opportuni...
Gabriel Graham
First Property and need a Hard Money Loan
Hey guys! I’m new to the Real Estate world and looking to finally get my feet wet! I have a property that I’m interested in and was told it needs to be cash. Spoke to my brother about the situation and he said I neede...
Joe M.
20 or 30 year loan for investment properties
Hey! I have a property I’m looking to buy. One bank is lending over 30 years and the other over 20. With the 30 year, my cashflow is much higher. The 20 year lender is trying to convince me a 20 year loan is better fo...
Jodi-Ann Bennett
Financing a fix and flip through a traditional bank
Hello AllI am a Newbie looking to do my first fix and flip in the New Jersey area and I currently have a property under contract. I am thinking about getting a loan from a traditional bank since the interest rates are...
Wesley Thompson
First Subject - To and Wholesale Deal
I recently locked up my first subject - to deal which I wholesaled to another buyer. Really excited as creative situations is where I'm looking to build my credentials and skills.Property Value: $220,000 - $230,000Loa...
Account Closed
Should I? Or Should I Not?
Hey everyone, I am currently saving up for a down payment on my first multi family property. Before I do this I am planning on eliminating the debt on my car loan. I got this loan on my 18th Birthday with no co signer...
Christy Barre
New investor downpayment
hi all -- what is the lowest percent down you can put on for a house? -- looking in Austin, TX
Account Closed
Commercial Lending Net Worth Requirment
I've been doing research on commercial loans and I'm trying to figure out if I'm going to hit a snag in the future.
Hypothetical Situation:
1. Pay cash for an underperforming commercial multi family building (5 un...
Micah Wieden
Difficulty to get loan for new LLC?
Situation: How to acquire a loan with a new LLC unable to approve income?Scenario:1. Own property and needs full renovations2. Class C/D area so looking to rent out after Reno done3. House debt: 7500.004. ARV: 750005....