Ken Dillard
Any other options besides 20% down?
We are about to finance a short term rental property in Tennessee and a mortgage company I am working with says if we are going to rent it out the max loan to value is 80% so 20% down. If we are not going to rent the...
Esiri Ohimor
loan yourself a mortgage and report to the credit bureaus?
I am just wondering if there was a way one can loan themselves a mortgage on a house they own free and clear and then make monthly payment reports to the credit bureaus? Thanks!
Mansoor Fazel
Wanting to sell as a "Subject To"
So I have questions and need some help. I have a property that I have owned for 5 years, and would like to exit. I have had the same tenants the entire time I owned it, and they have expressed interest in buying it fr...
Tyler Harrel
Ygrene Question & Selling Home
Hello All! I am writing this post to pose a question regarding the selling of a house that has a ygrene loan on it. Currently, I got the AC Unit and duct worked replaced utilizing Ygrene which is a energy efficient ho...
Mark Stevens
Down-payment gift from spouse
We are going to sell our house and use the proceeds to buy a rental but my wife is the one on the house and we want to put the rental in my name only. From a lender perspective would it still be considered a gift?
Lisa Herland
Creative Financing, Seller Finance, Wrap, Land contract. 5.5% interest, 40-year loan
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $539,900
Cash invested: $41,425
Sale price: $539,900
ELLER FINANCE OPPORTUNITY! Owner has invested over $55,000...
Robert Weaver
Personal residence as collateral for business loan
I am a partner in a hard money lending business, but sometimes a deal comes along that we are not interested in doing for whatever reason. Occasionally I will do a deal myself. In this case, I have a borrower who ne...
Stefan Ujkic
Triplex Subto, first deal question
Hello All, I’m trying to buy a triplex for $600k. Owner has a mortgage of $300k @3.375% and will carry $100k @ 2% if I put $200k down. Owner wants ballon payment of total balance in 12yrs. Current rents total $3500 mo...
Account Closed
FHA lenders in Westchester county / NYC
Hi everyone,
I'm looking to get a road map of what exactly I need to do to get the best possible FHA insured loan for my house hack I'm looking to do in westchester county next year. If anyone knows of lenders i...
Natasha Shamoon
Hard money loan for cashout on ground rent redemption
Need some advice to deal with a ground rent redemption. I am looking for a hard money cashout loan to buy a ground rent redemption for my property in Baltimore MD