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Rookie question: Traditional lenders say they'll only make a commercial loan for a SFR property because it isn't my primary residence. They'll do 20 year amortization with a 3 to 5 year payoff or at least a rate res...
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Dear wise members,I'd like to buy a 2nd property in the city and will rent out the 1st suburb one if needed. Will the new mortgage depend on the 1st one already having stable rental income for certain amount of time? ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $280,000
Cash invested: $16,000
Bought this home in 2020 right as Covid was ramping up. Got locked in at 3.25% for ...
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Investing into Real Estate the last 2 years has been the BEST rollercoaster ever. A literal rollercoaster, but after 2 years I can say Real Estate has allowed me to achieve paying off 80k in consumer debt/ credit card...
Hi all! If you'd be willing to share, can you tell me who you utilize for short term rental insurance? Thanks!
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One question I have right off the bat seems important to ask as we are shopping around for our first mortgage: Should we find someone who understands our plan to acquire multiple properties, right from the start? Can ...
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Hello,
I recently thought about this jdea. If for my first home I use a FHA loan and put down 3.5 percent or even slightly more and then turned around and bought an investment property a couple months later, would t...
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Article courtesy of Bankrate.com Ten years after Bear Stearns, Congress reconsiders Dodd-Frankhttps://www.bankrate.com/banking/bank-reform-rollback-dodd-frank-ten-years-after-bear-stearns/What's everyone elses thought...
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Hello!
My wife and I are building our Airbnb rental business and also have been heavily involved in traditional real estate. With traditional financing for real estate being more strait forward with 9% - 7% hard mon...
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Hi I was wondering if I have an fha loan already if I wanted to do a brrrr deal next year can I use a 203k loan or is hard money better or only option?