Clay Sexauer
Do these hard money fees look correct?
Hello,I'm currently in the middle of obtaining an 18 month hard money loan. I was wondering if the additional fees associated with obtaining the loan are industry standard.Points: 4Interest Rate: 12%Appraisal Fee: $45...
Charles Wickware
VA loan questions, refi, and 4-plex
Hello all,
I am interested in buying a 4-plex to act as an investment property and also a primary residence. It is around 950K in California. I do not have the 190K of cash for a dp so I am looking at my options. I ...
Paige Ferguson
Duplex Financing Options
Question of the day!
Picture this -
You’re working to get as little down as possible on a duplex. House hack one side (owner occupy), rent the other. FHA is a possibility. You want conventional financing. You coul...
Anthony Wienke
How are you holding on to the rental property?
So as the title states, how are you holding on to the rental property? Under your personal name or a business entity name like an LLC? Are there pros and cons to either way?The main thing I wanted to know is do I get ...
Richard Beatty
FHA streamline refinance
Hello Guys, So I purchased a property in January of this year. I received a phone call today from the mortgage lender asking if I wanted to refinance with the Fha streamline. He said my rate will go from a 3.75 to 3.3...
Patrick Davis
FHA Loan Limitations
I want to purchase a 10 unit apartment building using an FHA loan. My DTI ratio is above 57%, but the rent I receive on the property will easily cover my mortgage payment. Is there a debt product or workaround anyone ...
Vania Castillo
New law coming in Oct 2015!
How the TILA-RESPA Integrated Disclosure (TRID) “Know Before You Owe” law is going to affect investors?
Jal Singh
Bank Advice - Michigan
I'm looking for advice on selecting a bank to fulfill my personal and business needs in the metro Detroit area. I would like to be able to easily transfer funds from a personal account to my LLC's business account ...
Jarred L.
Confused on what to do (variable interest rate)
hey guys! need some advice.I have owned a triplex for about 2 years now. I got in when interest rates were great but i took variable and unfortunately the rates have gone up and my monthly payments have gone up almost...
Sean S.
Commercial Loan Details. Good?
Hi,I have been going back and forth with a variety of banks and credit unions about possible loans. I want to operate out of my LLC and since I am brand new to property flipping it has been difficult. So far I have ha...