Kevin Izquierdo
Down Payment Loan
Can I/ is it wise to take out a hard money loan for a 20-30% down payment on a multi family home?
Elizabeth Danks
Private money lending
I would like to take a loan from a family member, and wonder what documentation I would need. I am planning on having them be the lienholder on the property, with a fixed interest rate and no payments until I sell ...
Rick Im
2nd mortgage lender
Does anyone know of a lender that offers second mortgages on rental properties? I’ve been working with several lenders for DSCR loans, but I’ve found that the fees are quite high, with minimal benefit in terms of lowe...
Dave Craig
Options for financing the remaining balance after taking over an assumable mortgage
I have a good opportunity with an off-market deal that is currently exclusive to me. The purchase price is right and the seller has an assumable mortgage in place at a very good rate. The problem is that the mortgage ...
Brittany King
Possible Finance Option for new investors
Hello all, My name is Brittany and I am new to BP and real estate investing. I just wanted to share something that I thought could be of use to any newbies looking to finance a deal. This was copied from an email I r...
Brennan Davis
How to finance your down payment
So. I went into the mortgage lender at PNC today to just pick their brain about getting pre-qualified for loans towards investment properties. Sweet lady, but hard to follow. From what I have in my notes. It appears ...
Robere Istatia
Starting out with Subject To Mortgage strategy
Hello BP,I am a current investor in the Tampa, FL market. I have been investing in raw land and have created a small portfolio of lands. The land investing arena has been doing very well for me but now I want to switc...
Dante Campbell
Buy and hold investing
Hello everyone I’m back again with more questions and a little bit of an updated plan as I’ve been doing some research just want some feedback and possibly some motivation stories appreciate it ahead of time.I’m 21 wo...
Yechiel Mor
Getting financing with a DIR (debt income ratio) of 60%?
Any suggestion for investment lenders that have no DTI?
Or any other ways to go about this?My DTI is 60% due to a personal home mortgage but I have $65,000 in savings I want to use on an investment property. Anyone b...
Daniel H.
Mortgage Principal
Noticed that the principal portion of my mortgage payment went DOWN from Feb to Mar. Looked back over the last year and it kind of jumps around, not always continuously increasing. Called the bank, they said it was ...