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Just spoke to a hard money lender. Among the documents he needs to vet my eligibility, he needs to see that I have a LLC because they will not lend to me personally. Is this typical?
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I've got a property for sale and have received two very similar offers. Offer #1 the buyer is using a VA loan and Offer #2 is conventional. I really like the idea of helping out a veteran but I've heard that VA loan...
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I contacted my bank to have them begin a preapproval for a conventional loan. I told them that I was going to keep my current home and buy a duplex as an investment property. I was informed that the MIP/PMI companies ...
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Hello all,I have a unique situation that I am seeking advice for. I will keep it short and to the point.A close friend of mine desires to sell his town home to me for his current mortgage balance (90k). The home was...
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I want to start out and say i have never acquired a multi family property but I am eager to purchase my first multi family property. At this time I own a mixed use property, duplexes and single family homes. After man...
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All, I am an Investor/ Real estate agent out of Broward county in South Florida. I also have a w2 job and have worked there for 3+ years. I own a 3 bed 2.5 bath townhome which can rent for about $1500 per month. I am ...
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I need to find an unbiased person knowledgeable in financing and buy and hold house hackI'm pending with my first property, a duplex in a really good location, a mediocre deal in East Providence Rhode island. My prob...
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First deal so new to all of this, we have a duplex that we're almost done rehabbing (should be done by end of May/early June). I am looking to cash out refinance as soon as possible as I have some pretty unfavorable h...
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Has anyone ever had a HUD loan for the purchase of an apartment building? I'm not if they are direct lenders or if they just issue guarantees to a lending bank. I'm looking at a loan of about 1.1M for the purchase o...
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As a newbie I was having a general first conversation with a HML about loan program and terms. I happen to mention that I don't have a primary residence in my name and He told me that I can't get a investor loan for a...