How to split profits with investor?
Hello everyone! I need help finding hard lenders who are willing to loan for a first time rehabber. So far lenders require me to have at least 1 flip in my portfolio before they consider lending to me. ...
What type of mortgage is best?
I am a newbie in REI and recently bought a single family rental property. We just finished rehab and it is now in the market for rental. I want to make sure that all bases are covered. I already prepare...
Military man interested in REI
Hi, I always dreamed about getting into real estate investing and my chance has arrived. I am on active duty in the military and I plan to invest in rental properties in my hometown in Virginia. My dad ...
10% down lender in Florida
I am a real estate property investor in Florida and I was wondering if anyone knows of a lender who offers a 10% down on a non-owner occupied investment loan? There are credit unions in our area who off...
Investor with 2 bank accounts
I am a rental property investor in Arizona and I have a personal and business account. I only use my business account for the 4 rental properties I own so I know when money is coming in and out. I have ...
Newbie investor needing advice
This is my first time to venture into real estate investing and I need your input. I live in the San Antonio area and I want to know how much I can borrow so I can determine how much I can spend on my f...
Nursing graduate applying for a loan
I’ll be graduating from nursing school next year and I plan to buy a new house. I’ve heard that 2 years full time in school is equal to a 2 year job history as long as you have a full time job after...
Best buddies buying a property
My best buddy and I are buying a property together. He’ll be putting up the capital and my role is to get the cash flow coming in for monthly payments. I want to be in the title but not necessarily on...
Do grant programs take longer?
Hello everyone, I am a newbie in real estate investing and I plan to buy my first property which is a duplex in the San Bernardino area in CA. A loan officer approached me and I inquired about gov’t p...
Buying a second home in Boulder
I am buying a second home in Boulder. I own my first home and the loan is fully paid. I am ready to close this month but I need to pay a down payment of $12k for a roof replacement for my first home. Is...
Is refinancing a good idea?
I have a chance to refinance with an offer from my lender. From 3.25% to 2.625% and a 30 year term with 23 years left to a 20 year term. I still have $328k unpaid principal and will end up paying around...
Can I benefit from refinancing my home with an Interest Only loan?
Currently I have a 30 year fixed rate mortgage with a balance of $362,000 at a fixed rate of 2.375%. My home would appraise for approximately $500,000. I am retired and expect to sell our home within th...
HELOC loan for rental property?
I own a home in CA and I would like to buy another home and keep the current one as a rental. I want to apply for HELOC before I start the new home loan process. I want to know if i should apply for HEL...
Best loan with no or low down
An owner of a duplex in Sacramento is giving me a good deal at $375k but I need to close the deal in the next few weeks. I can’t afford a down payment right now and I need between 20% to 30% quickly. ...
Commercial loan for multi unit property
I am interested in purchasing a 5 unit property in Dayton, OH. I moved to another state and I’m looking for a lender that would lend to out-of-state investors without any problems. It’s frustrating ...
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