Curt Smith
Looking for success stories for non-bank buy and hold financing
I'm looking for non-bank ways to finance buy and hold properties. IE any story about a successful non-traditional long term financing of a deal.
I've heard of folks going to credit unions who do portfolio ...
Samantha Miller
Pondering the DTI Ratio...thoughts?
Just a thought, and curious as to others' thoughts on this as well...I've been thinking about the DTI (debt-to-income) ratio used in lending decisions. For those unfamiliar, lenders typically will not lend to a borrow...
Nicholas Earls
Lender recommendation for weird financial situation
Looking for recommendations on a lender who can handle somewhat odd financial situations. My wife and I quit working November 2019 to travel the world for a while then came back during COVID shutdown. We are both wo...
John Giggy
Can you get a loan on a property with a CLTA policy?
Hi.
I have an investor client interested in purchasing a metes and bounds property with a duplex built in 1952. Chicago Title is telling me they can only issue a CLTA. My client is purchasing the property with cash. ...
Sharaya Rutherford
Fix and Flip Loans
Hello all! I'm getting ready to start flipping houses and I have a few newb questions for you all.I've been looking at using either a line of credit or a fix and flip loan. So far, I'm leaning more toward the fix and ...
Shandy Victory
Any recommendations for lenders?
Any recommendations for a good lender to buy my first rental property? Also has anyone ever worked with One Brokerage? If so, what was your experience like? Pros and cons?
Mitch Provost
Best use of cash/credit for buy and hold vs flipping
If you have discretionary cash, lines of credit and 401k borrowing for plenty of quick cash, what is the top strategy to put them all to work? Is there a better strategy for buy-and-hold vs. flipping?
Jay Patel
Heloc Vs cash out finance
Hi,I am close to Huntsville and I have done house hack twice on which I have mortgages so I am good there..but two of the houses I paid cash out and fixed it and have rented it. Since it is more than one year I own th...
Harman N.
Cash-Out Refi & HELOC on the Same Property (does order matter?)
Hi all,When taking out a cash-out refi and HELOC on the same property, does the order in which you take them out matter? I'd like to get a cash-out refi on my primary residence given mortgage rates continue to be low,...
Amanda Felton
Please Help Analyze This Potential Rental
Hello,
I need help analyzing this deal. I am looking into financing a foreclosure for $18,000. I estimate it needs $15,000 of work and I would like to use a 203K loan (3% down). Comps in the neighborhood have recently...