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Looking for first rental deal. Approved for conventional mortgage. We own our home through an interest only hard money lender with no mortgage. House has about $130k in estimated equity if we paid it off. Knowing ...
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I’m looking to break into the real estate industry via lending. Does anyone have any connections to loan originators in the Greenville SC market? Always looking to grow my network!Also, does anyone know what is the be...
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Hi, I’m preparing to execute my first BRRRR venture and am wondering how common it is for individuals to finance the initial property purchase as opposed to using personal cash or a hard money lender (I will use perso...
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I am working on a deal where the owner is deceased and has a VA loan against the house. The property is about to go into foreclosure, and the executor is willing to allow me to reinstate the loan and make the payment...
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Hi all - I am in the process of applying for my first commercial loan for a property that was a bed and breakfast but I will be turning into a short-term rental (Airbnb/VRBO). After reviewing my application informatio...
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Hello Everyone,
I have a quick question, please help
How do loan officers help when it comes to investing?
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Hi am a newbie at RI, taking my first action by visit a banker. any advice on what to ask? thinks to look out for? would be great, I’ve listened to some podcasts and reading the book on real estate investing which le...
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If I obtain a hard money loan to buy and rehab a duplex I’m interested in. And want to later refinance it using a conventional lender. Will the lender require a down payment?
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This is a hypothetical question , say a person is having real hardship and can no longer make the mortgage payments on their home, is it legal and can someone offer to take over payments and put the home into the new ...
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NC BiggerPockets Community,This is directed at those of you who are interested in the 203K loan. Done one or more 203K loans? Great! Who would you recommend as an FHA consultant/contractor?Never done one? Also gre...