FHA room rental

I bought a house FHA, understand I have to live in it the first year, will rent out the room to long term airb&b ( 30 days plus) furnish room. Was going to do short term but realize they require long te...

Looking for extra source of funds to close a deal

Hello, I came across a $1.2million 12 unit apartment complex that I want to invest in. Since it is a commercial property my lender is asking for 25% down. If I purchase at the asking price I would be le...

Self employed and trying to invest in real estate

I have been self-employed for 8 months now and I’m having a hard time qualifying for a loan on an investment property. I have saved up for the down payment and I am excited to invest in Michigan since...

Refinancing a SFH

I bought a home with a hard money loan. I am now trying to refinance to a conventional loan. The property is a single-family unit with 5 bedrooms and 3 toilets and baths. Are there lenders who would ref...

Are there any lenders to refinance mortgage with 560 credit score

Buying a multi family and looking for options

When you buy a property is putting down 25% the only option? How about using assets to pay for the down payment? I am buying a multi-family investment property and I am looking for options. I am new to ...

Are private lenders any good?

Are private money lenders any good? How do you go about negotiating terms? Given the current market conditions, I am not sure what numbers are good right now. Is a 6% return a fair deal?

How long until we can refinance?

Trying to understand how long we need to verify income from an STR bought with cash so that we can refinance and buy another property to build our portfolio. In our case, there’s no other source of in...

I want to leverage my extra cash and invest in real estate

I just got into real estate investing and I’m trying to figure out my next step. I have a lender that pre-qualified me for a conventional loan. I have great credit and have around 70% equity on our pr...

Looking for investment loans that can help me fund my project

I’m having trouble with looking for an investment loan for a property with 5 units. I live in Cleveland, Ohio and I want to purchase something bigger that’s available on a good deal. I can put down ...

Loan for renovation

Hi, I am looking for a loan to renovate a property that my cousin owns. It has a store with 3 apartments on the 2nd floor. The rehab for the apartments is finished but she lacks funds for the store. How...

Is there a chance for me to get a loan?

First time to buy a home and I was referred to a lender. I want to apply for a 0% down with credit score 780 and income of $90k yearly. I have a car payment of $400 monthly and that’s it. A realtor ho...

What is the basis for loan qualification?

I am moving to Florida from NY. I worked for 2 years on the same job but will be looking for a new one. What will be the basis for me to qualify for a loan? Will it be my new job or the previous one whe...

Scores aren't good and I plan to apply for a loan

I inherited a house but within a month of the deed being transferred the home was demolished since the land had debt for taxes and liens. My mortgage scores aren’t good and I’ve been working to get ...

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