What are the distance requirements when buying multiple second homes?
My wife and I have a second home loan in another state. Does anyone know how far a vacation home needs to be from other vacation home properties? I’ve heard that there are distance requirements when g...
Looking for lenders who do construction loans
We own a vacant lot and we want to build a single family home on. How does this work with our current lender? Do we need to refinance? How about looking for lenders that do new construction loans? Also,...
Are there lenders who take on small amounts?
I have a property that is halfway through rehab and I need financing to finish the project. My current lender has a $200k minimum loan but this is too much for my property. He told me to look for a priv...
First time investors wanting to know first steps to take
We are first time investors and we want to know if getting pre-approved for a refinance before you put a cash offer on a home is the right step to take? What documents should we submit? Are we allowed t...
Aliso Viejo, CA - Mar 29th 2022
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Looking for lender that allows 5 to 10% down
I just closed on a condo in downtown Miami that I was going to flip. I’ve come to love the property and I want to keep it. The thing is, I don’t want to pay 20% for an investment property right now....
Miami, FL - Mar 29th 2022
This question has not yet been answered.
New to REI and looking for funding
I am excited to enter the REI arena and I plan to get funding from private money lenders. What are the requirements in this case? Are they the same as a bank loan?
Applying for a loan with the VA
Hi, everyone! My wife and I are looking for a VA lender that would allow us to occupy the home once we come back from an overseas assignment. We have found a lovely home and would like to make an offer ...
Look for an agent or shop around for lenders?
I am an out of state investor looking to buy a single family home in the Indianapolis area. I am a member of a credit union in my state but they don’t do out of state financing. Do I look for an agent...
Denied after pre approved
Credit score 650,on ssdi
Loan without any income
Newbie in REI here and I want to know how to get into BRRRR. I don’t have current income at the moment because I am in between jobs. I have excellent credit though with cash on hand amounting to $1.5M...
Is a refinance my only option in my situation?
I got into real estate investing 2 years ago and I am now ready to buy my second property and place it in my LLC. My current lender did not allow it with my first property and I’ve talked to various l...
Do I need to pay for PMI?
I started a new business last year and the income is good. I plan to buy a new home using an FHA loan but I am not familiar with the guidelines. Does the home need to be owner occupied? How much down pa...
Is there a lender who would approve a loan even if I am employed on an h...
I just got employed on an hourly wage for the past 4 months. Is there a lender who would agree to a refinance with this set up? I’ve tried with a few but always fail during underwriting. They want to ...
Is a cash out refinance the best option?
This is my first time selling a home and I am not familiar with the process. I own a condo in the SF Bay area and plan to move to the Oregon Coast. I owe $215k on the condo and estimate its value to be ...
Put an offer on a home across state and I now have problems due to my re...
A few weeks ago, my manager said that we can choose to start working from home. I took advantage of this chance to move across state. I found a nice home and put in an offer that was accepted. My lender...
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