Loan application with no assets

I am self employed working as a broker for the past 5 years. I plan to purchase my first multi family unit that’s worth between $300k to $600k. I have enough money saved for a 20% down payment, with g...

Commercial loan or construction loan?

I am a small investor looking for my next deal. I am eyeing a duplex that is unoccupied and renovated that is also zoned residential and commercial. It has an empty lot adjacent to the property which ca...

No closing costs on refinance?

I just got an offer to refinance from 3.5% to 2.625% from 30 years to a 20 year term. I still have $300k unpaid principal and will end up paying $106 more each month if I refinance but pay off 3 years e...

Closing costs in Jersey

Hi everyone, I plan to move to Hazlet and I want to know how much I would spend on closing costs. I’ve been getting different information and I’d like to verify what is correct. A friend told me tha...

Can a realtor help in covering closing costs?

Can a realtor contribute toward closing costs? A bank just offered us to cover all closing costs on a loan so I was wondering if a realtor can do the same? I still have to compute though because if the ...

Bridge loan payoff plan

I will buy a new primary home using some of the cash I got from a bridge loan. Once I close the deal I plan to sell the primary home to pay off the bridge loan. Both properties are located in East Bay, ...

what do you need for a texas rate term

need a loan for 15000 got a clear title for .500 acre with a block in ma...

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Should I refinance for a commercial property since interest rates are lo...

Since interest rates are lower now it seems that a cash out refinance is a good idea for a commercial building near Indianapolis. The property is well maintained and the current value is $900k. There ar...

Problem with 20% down

I just refinanced my first home and did a cash out refinance. My plan was to go for an FHA loan for another 10% down loan. I have closed and discovered that my new loan is an FHA but the only way to buy...

Wife needs convincing regarding taking out a 2nd mortgage

I’ve been trying to fund my next deal which takes a little creativity. My current home already has $200k in equity that I plan to use either via HELOC or cash out refinance to complete a BRRRR deal. I...

Best loan for 10% down payment

I’ve been renting a studio apartment for 3 years now and the owner offered me to buy the place as he planned to build his retirement home. He’ll be putting the property in the market this February a...

Mortgage for house hack

I just got a good offer on a duplex at $135k. I plan to house hack for a year then move out. The mortgage is a conventional loan with 15% down, 3.5% interest and low closing costs. I need to put down $3...

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...