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...
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...
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...
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...
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...
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...
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 ...
I am planning to buy in an expensive neighborhood here in California. Is a jumbo loan my only option? What are the loan limits in the Santa Clara area this 2022?
I bought a new construction duplex a few months back at $360k and currently house hacking. The value has gone up to $550k and I was thinking about a cash out refinance and use the money for a down payme...
I am new in REI and rental properties have earned my interest. I need to borrow money to get started and I want to know what to look for when borrowing from hard money lenders. I had a conversation with...
Looking for a credit union who will work with me on getting a HELOC on 2 rental properties in Kansas? I am expanding my portfolio by using equity and not going through a refinance as much as possible.
I purchased my condo a few years back with an 8% down for $200k. Do I need to pay for PMI for the whole duration of the 30 year term? How can I get rid of PMI if possible?
We live in NY and are first time home buyers. The properties are quite expensive here and we can only afford to buy a home with down payment assistance. What is the best program available? Any inputs wi...
I am self-employed and I was told by my lender that I need to get rid of my work truck to eliminate the payment counting towards my DTI. Should I do it just to get a loan?
My wife and I have no debt other than our mortgage. We want to sell our current home to buy a new one and so far we have homes available that will put us at about 38% DTI. We can put down more than 20% ...
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