Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
I work a lot with investors outside of the US from a tax perspective but from a mortgage perspective, as mentioned above hard money or DSCR is probably your best bet.
Matthew Hull
Hard Money at Closing - What happens next?
23 November 2024 | 3 replies
They send money to title company at closing.
Jake Thorpe
Pulling out equity, HELOC, other stuff
16 December 2024 | 11 replies
You may want to find a private lender, sell something, etc…The mortgage lates are going to keep you from any bank/mortgage products
Thomas Lebens
Can a rookie use a DSCR loan for a duplex?
15 December 2024 | 18 replies
There are many hard money lenders who do DSCR with less ins and outs and less rules.
Robby Sanchez
stupid question time!
14 December 2024 | 3 replies
That depends - if its a short term hard money loan possibly, but expect to pay more for it.I would first ask your current lender if you can extend the loan.
Tekoa Glover
Am I entitled to a denial letter
13 December 2024 | 6 replies
NOPE these are not federally or state regulated loans or lenders they owe u NOTHING.
Jeffery Campbell
Go where the opportunity lies!
18 December 2024 | 3 replies
This deal is seller financed for the purchase and hard money for the rehab that was needed.
Mark G.
What are your favorite tools/software for Fix-N-Flip
21 December 2024 | 12 replies
What about the thousands of family members and private money lenders who are under the table?
Justin Treaster
Dallas Fort Worth wholesalers
13 December 2024 | 26 replies
Originally posted by @Jack Grove:@Okansa Patrick Were you required to utilize a hard money lender when dealing with New Western?
Nadia Jones
Do Term Sheets or Commitment Letters Show Financial Credibility to Brokers/Agents?
13 December 2024 | 4 replies
As lenders, well issue a prequal/preapproval letter if we've analyzed your income, assets (bank and brokerage statements to establish that you have the liquidity to afford the down payment, closing costs, and reserves), review credit of the guarantors, review the relevant experience to ensure that we're not throwing our money away on newbies that are wandering around in the dark, and have put together a reasonable plan of attack for the project.