I recently purchased a property that will be a vacation home, and vacation rental. I had planned on putting 20% down and getting a mortgage, but due to 6+ offers, I had to give a cash offer to get it done. The cash a...
I'm looking at the different advantages of purchasing properties cash vs mortgage. Obviously I like the lack of risk with purchasing cash but I also like the leverage of purchasing with a mortgage. IE buying 5 50k pro...
Has anyone ever worked with Nexa Mortgage. Their home base is in Arizona but they offer mortgage financing across the US.
This is likely an over-engineering some more simple transaction, but thinking aloud here. My mom has a considerable amount of equity tied up in her house and it makes sense for her to unlock some of that cash now to t...
Instead of getting a $100k loan for 1 house, how could I get a $100k loan for say 5 down payments of $20k, or 10 down payments of $10k, etc? Package deal? Would that technically be a piggy back loan? (100k for 10 down...
I'm looking to purchase a 2-4 flat in which I intend to live in as my primary residence. At some point in the future, I expect y family to grow (from 3 to 4) and living in one of the units may no longer be feasible. ...
I'm looking to purchase a 2-4 flat in which I intend to live in as my primary residence. At some point in the future, I expect y family to grow (from 3 to 4) and living in one of the units may no longer be feasible. ...
Hello all, I’ve currently got one rental and already have an LLC acting as the property manager. I’m curious to know how many personal mortgages I can have before needing to go the commercial loan route.. also, once I...
Hello!
Thought some of our lending-savvy peeps here might have some insight on this.
I noticed on my mortgage statements that the mortgage is due on the 1st but isn't late until the 16th! That's a real...
Hello! We have a house that we are considering purchasing for about $250,000. It needs about $40,000 worth of renovations, and has appraised for about $325,000 as is. We'd like to do a conventional loan with 10% dow...