When looking to do a cash out refi of your private loan into conventional mortgage (BRRRR method, 15% down) what percentage of LTV are you requesting with new ARV?Example:Purchase Price: $215,000Loan Amount: $182,750M...
If you own rentals in Las Vegas/Henderson Nevada, it looks like the area is going to really feel the financial effects of this.It looks like Caesars Palace and the Sahara are laying off workers, and the Wynn is shutti...
Hello BP community-I am financing a SFR in Denham Springs Louisiana which will be used as a rental property. My interest rate is 4.875. 20% down, 30 year fixed conventional loan. Is this inline with standard rates in ...
For the past months I have been searching for a duplex, I am already pre approved for $150k on an FHA I just came across an off market 4 unit building for $350k (price is negotiable) I am a new investor with no previo...
Currently in a house hack scenario with equity in home. Wondering is it safe to refinance current home from VA to conventional, free up VA loan, then use the VA for next home and use the equity to rehab, then repeat. ...
I am planning on moving to Baltimore around February and would like to implement a house-hacking strategy, likely using a FHA loan. I will be living with my parents until then. I figure if I could get a property now ...
I understand that it starts getting difficult after 4 conventional mortgages, and you’re capped at 10. Stupid question - does this include/apply to refinancing as well?
I keep hearing of homes that cannot be financed through traditional means due to condition deficiencies like broken windows, non-functioning kitchen, no running water, etc. These are examples but is there an actual li...
Looking to get my feet wet with a possible Duplex i've found. Each unit is a 3/2 with rentometer quoting roughly $800 per unit(not sure how accurate that is). It is an REO listed for $84,900, stated to be newly renova...
I am thinking of buying a condominium which I will owner-occupy, at least initially. In general what should I think of as the minimum downpayment and can I contact any lender to get it, eg should I just look for h...