Dumb question, but when a lender says 7 year fixed w/ 15-30 year amortization, that's just an ARM correct?
Hello BP family,I'm currently interested in investing in real estate and right now I and my wife are currently in the learning phase. We are curious about how the FHA 203k rehab loan is paid. We are under the impressi...
I'm curious to hear what terms investors are currently seeing in their markets for commercial loans on small multifamily properties. My most recent quote for a small multifamily (4 units) cash-out was: 4.37%, 7 year ...
Good Evening all,My wife and i are looking at rental SF properties in tarrant/dallas tx. Just wanted to see what the average APRs everyone is getting out there. We are ideal borrowers, very good credit +740, 20% down,...
im completely new to this so i have no idea how to handle it. my grandmother is wanting to give me, we went to the tax office and they are saying there is no deed in her name. she bought this property in 1985 and on t...
We are looking to buy a small house on a large lot. The purchase price is $38,500 with what I estimate (though it was only through a quick walk-thru) as $12-15k rehab to make it livable. The ARV is around 75k.
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I have 4plexes in Mesa, AZ and am interested in taking advantage of these rock-bottom mortgage rates, to pull cash out and expand. Unfortunately, I'm finding it difficult to find lenders interested in this, and terms ...
Hello BP people. I’m going under contract for a house for 40k. This is great, but I’m running into some issues. My original lender said I have to spend at least 100k for a renovation loan (mortgage+renovation costs). ...
I am trying to determine my upcoming expenses for a house flip and want to see what some other people are doing for fixed expenses? I am thinking my best bet is going to make an excel document that lists the primary c...
Hello,I am looking for recommendations for a lender that will loan to a 2-3 person LCC. Looking for a 30-year or 20-year fixed rate mortgage. I had found a lender that would do a 30-year fixed rate but the LLC could o...