Joseph Shevy
Builders/construction loan, advice?
Hi BP,My wife and I are 24 years old and we just bought a beautiful piece of land in cash, using our income and rental cashflow. My question is this:Does anyone have any personal experience using a builders loan to bu...
Kristen Trulear-Jackson
Financing options for purchasing property in the name of LLC
I understand that this is difficult but not impossible. Any suggestions?
Yakima L coles
How do you structure a deal that's MLS listed?
I am interested in making an offer (No Money Down) on a MLS listing. I want to make the offer contingent on equity with the seller assisting with closing. Is this possible? Is this too....Ambitious? Unrealistic?Never ...
Chris Hayes
HUD homes as investments
I didn't know where to put this, so I apologize if it should be in another forum. Does anyone have experience buying HUD homes? I'm looking at a HUD home with potentially quite a bit of built in equity, as well as imp...
Byron W.
Home Possible loan with 693 Fico score?
Hey everyone! I'm looking to apply for a loan and possibly use the Home Possible program with 5% down to purchase a duplex property to live in and rent out the other unit. Is my current 693 score too low or will it ca...
Jonathan Ockletree
40%-60% down are you serious??
I was talking to this mortgage brokering institution today and i was asking about a Hard money loan for some properties i was trying to acquire. The guy told me that its hard finding any HML these days and told me th...
Mark Gingrass
Help buying second house
I bought a single family house in Feb 2006 and want to buy a second home, possible a duplex.
My first house is completely rented out as of right now. I am making almost no income off of it, maybe $50/month profit but...
Albert Bui
For Veterans out there who are Investors
The VA has no title seasoning requirements in order to cash out using market value.
This is a huge difference from conventional 1-4 lending because there are many restrictions for title seasoning (how long yo...
Ken Lou
Will I be able to obtain mortgage?
Hi everyone,
I'm planning to buy a single family home under $150,000 as a rental property. I'm a foreign investor (but have green card) and have no income history in the states. I have a credit score of 704. ...
Shunique Mayo
Financing Question from a Newbie
Question 1: I wanted to know how likely is it that a new/first time investor could receive funding on a fix and flip with no money down and a credit score of lower than 600? Would the strength/potential of the deal ...