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Why are lenders reluctant with single family rental, and mobile home rentals on same land to do cash out refinance? cashflow gross 3000 piti - $1500 seems like a no brainer.i find lenders are not familiar with manufa...
I recently closed on a refinance conventional loan, and rushed through the closing as we were trying to use the funds to finance the downpayment of a purchase deal. A settlement statement was not provided or signed du...
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Hey everyone first time Investor in multi family property. I found property with seller financing. Asking 245,900 for the property, I live about an hour away but would prob still use a property manager.
I know a priva...
I'm new to investing world, I'm very interested in buying a duplex in our area. Problem is I don't have much to put down.
I do know someone willing to become part of an opportunity, just wondering how to go about it.
...
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Quick Question:For example: I purchased a house all cash fix it up, get renters to move in. A few months later I'm ready to do a cash out refi. Without a day job or income will I be able to get approved for a cash ou...
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As primarily a luxury STR buyer's broker and 20 year mortgage broker I can testify the importance of a reliable and experienced strategic mortgage partner.
So what is an integrated mortgage partner?
- A licensed N...
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When I start to hold properties I have a basic question.If I am getting leads that are off market and getting them at 70% arv - repairs shouldn't that count towards my down payment? If I use a HML to restore the prop...
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hello fellow investors,
my wife and I need to move out of our first property in northern VA to a much bigger home for our growing family. I have 8300 to put down thru my 401k but our credit is bad. is there anyway to...
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Hello fellow BPers,
I am looking to refinance a multi-family residential building (and possibly cash out some money) located in Jersey City, NJ, currently held in a llc.
Does anyone know a good local bank with com...
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Hey everybody!I'm brand new to BiggerPockets and have situation that I wasn't able to find in the forums.My cousin and I want to start planning for our first flip. His Dad said that he would buy the house in cash as l...