Gp G.
cash out refinance to clear high interest credit cards debt
2 February 2024 | 10 replies
In a race to get it finished and occupied we added 29K to credit cards as we crossed the finish line.
Sean McKee
East Humboldt Park Rental Flop?
1 February 2024 | 10 replies
@Sean McKee - What cross streets are you at?
Quinton Cross
Looking to connect with wholesalers
1 February 2024 | 2 replies
@Quinton Cross I have a handful, let's connect!
Kathy Utiss
North Platte NE-Suggestions
31 January 2024 | 0 replies
I have cross collateral but not cash.
Sean Mcintire
NAICS Code for Note Wholesaling
1 February 2024 | 10 replies
-----------------------------------------OTHER ACTIVITIES RELATED TO REAL ESTATEWholesaling could arguably fall under the following extended SIC CodesSIC 6531054 - Real Estate Buyers Representatives (wholesaler/non-licensed)SIC 6531026 - House Buyers (wholesaler/non-licensed)http://siccode.com/en/siccodes/6531/real-estate-ag...These are cross-referenced with NAICS 531390
Zachary Brown
Opportunities in Raleigh NC Area - What to do
1 February 2024 | 17 replies
In the past few months, I have seen a significant uptick in off market properties crossing my desk.I agree with @Kai Kopsch if you show some patience and work both on and off market properties you can find deals it just takes time.
Peyton LaBarbera
What are all of my options for financing a fix and flip project?
1 February 2024 | 17 replies
Here is how most work:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)Max Loan: 65% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.
Phil Petite
Meeting with Private Lender - Advice Needed!
1 February 2024 | 23 replies
A few things crossed my mind as I read through this post of how you could work with your friend: 1) You could borrow funds and provide a return in the form of interest. 2) You could do a Joint Venture where you use their funds, you do the work and flip a property and split the proceeds. 3) You could do a JV where you use their funds, you do the work and possibly refinance and hold the property together.
Sheila Siegel
Does a lender exist for this type of d s c r loan?
30 January 2024 | 5 replies
Cross collateralizing ties the borrowers arms and legs- both must be non owner.
Richard Arakelian
How do you determine rental demand?
30 January 2024 | 4 replies
Hi Richard,There are a couple ways to determine rental demand and I'd recommend cross referring couple of them:1.