What work experience do I need to qualify for a loan?

I have worked in the same industry for 2 years. 1 year as a 1099 employee and 1 year as a W2 employee, is this enough to qualify for a loan?

I need more info on how HELOC loans work

I want to know how HELOC loans work? Do you need an appraisal to get the current value of your home? We bought our home for close to $400k. Mortgage is currently at $337k and appraisal is $370k. How muc...

Do I need to save more before investing?

I am single in my 20s and wanting to buy a home preferably a fixer upper that I can make a profit on once done with renovations. I saved around $30k to put down but my income is not so good. I tried app...

Does having a partner in real estate investing complicate matters?

I am new to real estate investing and I just refinanced my home to get a rental or flip a home. I have my eye on a triplex and I am wondering how to structure a deal since a buddy of mine will be my par...

Can't decide on refinancing or not, what do you guys think?

We are going back and forth on doing a cash out refi to get a down payment for a multi unit property. Our current rate is 3.375% and we are looking at 4.125% if we do a refi for a 30 year loan. Any thou...

I need help in choosing the best loan option for a duplex

Newbie here about to make my first offer on a duplex. I have 3 options on the table: 1. A conventional loan with a quote at 4.375% for a fixed 30 year loan 2. Variable rate that is fixed at 2.25% and ha...

Could rates go any lower in the coming months?

Has anyone noticed the rates today for investment properties? I talked with my broker and he said that it’s at 4.875 with no points. Is there a chance it will go down in a few months?

Need advice as I invest in a rental business

Hi, I live in Orlando, FL and I plan to invest in a turn key rental business. I bought my primary home through the VA. The property is a single unit home on a 5 acre lot which has cabins for rent. What ...

Can I do a refi in my situation?

I have closed a deal recently with a hard money lender. Now I plan to refinance for 30 years with a cash back option. Can I do a cash back on a recent one? Price of property $225k appraised at $290k cur...

lender requesting more money after closing for an error of a commission ...

If cosigner pays part of down payment is it considered a gift? And does ...

Help with financing multiple properties

I plan to buy at least 4 investment properties in my first year at REI, is this possible? My initial duplex will be through an FHA loan. How do I get financing for the other 3 properties?

Newbie trying to build a multi property portfolio

Hi, I am currently refinancing a newly rehabbed single family home. I’m using the money to convert it into a duplex in a few weeks. I also plan to house hack another multi family after the purchase. I...

Buying properties out of state

Hello, Can I ask for recommendations for a lender who does business in various states? I am based in CA and I am looking to invest in several investment properties out of state. I have tried local lende...

Do bonuses affect USDA loan approval?

We are planning to apply for a USDA loan again at $137k. Our income is at $157k including bonuses, $130k without. Will this affect my application? Do I need to wait for the bonus to expire before gettin...