Offering cash then applying for a loan
Is it ok to offer cash to buy a home then once the offer is accepted get a loan from a lender? Is this legal? Seller would get cash upon closing either way but the question is would the loan be approved...
Should we refinance to buy a new home?
We own a primary home that we plan to keep and rent out. Do we need to refinance if we bought a new home? Should we buy our 2nd home as an investor first and then refinance it to primary? We live in Ge...
How do I fund my AirBnB?
I have an AirBnB log cabin in Michigan and it has done better than I expected. The location is excellent for whole year round activities with rivers and lakes nearby, a national forest and small local s...
Investing in the US from South Africa
Hi, my name is Vincent and I grew up in South Africa. I want to know if it’s possible to fly to America and get a loan for an investment property then fly back home since my business is back home. I w...
Chino Hills, CA - Mar 22nd 2022
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Difficulty getting funding for property with a church as tenant
I came across a great deal on a small 3 unit commercial property but hard money lenders that I’ve reached out to for funding won’t give me a loan since the property has a church as one of the tenant...
Allentown, GA - Mar 22nd 2022
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Where do I get funding for my 8 unit investment property?
I own a fairly large lot with a single family home in Utah. At the end of 2022 the city will allow the development of townhomes on single family lots and I want to build 4 to 8 units on my property. I a...
Salt Lake City, UT - Mar 22nd 2022
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What happens when you don't have enough to pay for a loan?
I know that owning a home free and clear is the ideal situation but what are the costs and sacrifices one must make for this to become a reality? What if an emergency arises and we don’t have enough b...
Denver, CO - Mar 21st 2022
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How do I know what rate I'm getting?
My husband and I just secured our first pre approved loan for such a large amount. Our lender says that he can’t give us an interest rate until they know the property we’re buying and what condition...
Banks or Private Lenders?
I bought a home in Ohio a few years ago worth $95k. Now that home values are up I thought about refinancing and getting a good chunk of money out of it. How do I find a lender in my location? Do banks o...
Cleveland, OH - Mar 21st 2022
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What is the best funding option for 8 door property?
I have come across a great property in NY of 4 properties with 8 doors total that I want to purchase. Is a portfolio loan better than a conventional loan in this instance? Should I finance each property...
Hyde Park, NY - Mar 18th 2022
This question has not yet been answered.
Are hard money loans ok?
A real estate rehab project is in the works and I need funding ASAP as I have a property under contract with earnest money on the line with a closing date at the end of the month. The purchase price is ...
Is this good advice regarding HELOC?
I am into real estate investing and I’ve been buying properties with 25% down from my own savings. An investor friend of mine said that why not use my HELOC and write off the interest on the down? Is ...
Fresno, CA - Mar 18th 2022
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Can I finance two homes at once?
Is it possible to finance homes in a bundle? I had planned on buying one home for $140k but I have found a property selling multiple low priced homes with tenants in place and would like to buy both. Is...
How can I pull out equity from an investment property?
Any option on how to pull out equity out of an investment property? The rental is tenant occupied and the rate is 3.375%. Cash out refinance is out of the question since I have a great rate. The majorit...
What is the best financing option in my situation?
I have come across an amazing property in an excellent location but I’m having trouble with financing. It has 3 rundown houses with 2 bedrooms and 1 bath each unit. The price is set at $350k and after...
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