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Results (10000)
Varma Adduri Is this even legal?
27 June 2016 | 14 replies

Hi,
I am looking at buying a beaten up house for cash to fix it up. I have mortgage on 3 houses and HELOC on one for them. So getting a new conventional loan is doubtful.

With the house I was referring to, let's say ...

Daniel Suarez cash-out-refi to cover loan or Sell stocks
14 July 2022 | 4 replies

Hey All, I purchased a home about a year ago for around $200k, I put close to $90k in fixes and did a historical appraisal that came up to $410k. I borrowed $70k from family and was planning to return it after the ref...

Oliver Roe How can I finance cheap rental property?
15 October 2019 | 8 replies

Hi All,How can I finance a $53,000 rental property?  Good credit, 20% down...would prefer to go conventional so I contribute my down payment + closing costs only, recoup, repeat (cash flow would be AWESOME on a $300/m...

Account Closed advice for new private lender
20 December 2016 | 12 replies

I am thinking of acting as a private lender and wanted some advice.  From what I've seen, it seems like I will be acting as the second deed of trust.  What should I be doing?  Do I consult a lawyer?  What kind of back...

Alexander Darnley Can I use an FHA 203k loan for my first investment property???
20 February 2011 | 10 replies

I am currently interested in purchasing a flip in Houston, Tx, but currently live in Shreveport, La. I understand that FHA loan requirements state that you must be an owner occupant and that the house must be your pri...

Jacqueline Burton Friend & I stopped by DTI -- advice wanted
19 October 2023 | 7 replies

Hi all! First time posting, looking forward to getting some advice from y'all. A friend and I want to partner up on flipping houses. He owns a house in SLC & a cabin in upstate NY outright (no mortgage on either)....

James Piercy How does received a $50k gift affect taxes?
29 November 2017 | 9 replies

Hello Everyone,If my mother is to gift me $50k and I set up a payment plan to repay her, how does that work with taxes?  I had never heard of being taxed on a gift (silly me).  I was originally going to use the gift a...

Chand P. How to lend huge amount to a friend?
14 November 2014 | 21 replies

Hi,This is my first post here and please be easy on me.One of my friend need money for his business activity and none of the professional bankers won't lend him money due to his tax filing situation, loan to debt rati...

Maggie Mendoza Help! Should I use a HLM or conventional financing for this deal?
18 June 2015 | 0 replies

Hello everyone! I have two options and I need to know which one is the best.I have my eye on two duplexes that the owner is selling as a package deal for $120,000 that are appraised for $160,500. Great deal huh? Anywa...

Breelon Bryant US treasury dropping rates to 0%? Banks Loan @ lower IR?
16 March 2020 | 3 replies

I have heard the US treasury is dropping its interest rates due to corona virus. Does this mean banks will drop their mortgage loan rates as well? If so, is this a good tome to buy properties?