Is the minimum down payment of 20% for 1st time traditional financing on investment property?
I currently have separate 20 year commercial loans for each of my rental properties that I recently refinanced. I’m looking to purchase another rental property- I’m looking at a duplex and also a triplex - and am wond...
Im starting to put the prices together on a 4 family house I'd like to purchase and a big question came up. I emailed with a loan officer I used to buy my first house and was told that if I'm buying investment propert...
What are the key differences in approval times and application processes between private money lending and traditional bank loans?
Hi everyone, I have the opportunity to buy a house that is worth approximately $120k for $75k. I have no cash. My inclination would be to borrow the money from a private lender and then refinance into a conventional, ...
Hi all,
Would anyone on the forum happen to have a recommendation for a traditional local/regional bank that is comfortable working with residential real estate investors in downeast Maine (as the locals refer to i...
What are you guys seeing as the advantages/disadvantages for expanding a rental portfolio using nonbank lending (B2R, Firstkey, etc) v. traditional bank lenders?
Hi All!My partners and I are relatively new in the game. We were undergoing our first BRRRR in the Pittsburgh area and were in the process with Civic financial services but they just paused new loans so we need to fi...
I'm trying to get the ball rolling on my first deal and get pre-approved for a loan. I've researched Quicken Loans and even started the application process to get pre-approved, and it seems like it will be legit and p...
I’m looking into refinancing my primary residence but not going through traditional bank. Any suggestions?