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8 January 2025 | 13 replies
So I steer clear of them and instruct my team to pass those people along to me to handle.I also have nothing more than my word and all of our 80+ all 5 star reviews.
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19 February 2025 | 88 replies
The lender paid $70k, and only asks for $750 per month.
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24 January 2025 | 10 replies
Yes you can use commission as sourced funds for down payment on a conventional loan.However some lenders have internal overlays that don't allow it.
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21 January 2025 | 10 replies
I also like to check reviews on platforms like Yelp, Google, or even Angi (formerly Angie’s List).
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29 January 2025 | 0 replies
A lender that specializes in distressed properties can help you find the right financing for your scenario.The Bottom LineInvestors will find unique opportunities with distressed properties, but the myths need to be dispelled.
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24 January 2025 | 6 replies
I am seeking a partner with significant financial resources to help bring my vision to life.I am open to any advice or ideas you might have.Thank you, I agree with Jay, you will not find a lender to lend on this type of project but you are going to need to bring in an equity partner.
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6 January 2025 | 5 replies
However, many DSCR lenders have a minimum loan amount of $100K, which can make it challenging for investors to secure financing for lower-priced properties.
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29 January 2025 | 6 replies
Another great option is the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), where you buy a fixer-upper, renovate it, rent it out, and refinance to pull your cash back for the next deal, and this is a good route because most private lenders can go higher LTV than on a rental loan!
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27 January 2025 | 0 replies
The other challenge is selling it, there is a smaller buyer pool for hospitality in a small market but that was known going in Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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17 February 2025 | 92 replies
As I speak to I have full closing on them, an attorney does a review and completes the C4D.