Zeke Nickie
First time investor
31 January 2024 | 21 replies
What would you suggest for a cross border investor
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.
Jane H.
How to Write a Non Renewal of Lease in CA
30 January 2024 | 7 replies
Just serve the 60 day notice to evict and keep your fingers crossed they leave.
Bryan Buckingham
How can I keep a home and have cash for next project?
30 January 2024 | 7 replies
Selling to an entity that I created crossed my mind, the business would hold a DSCR loan on the properties debt.
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.
Swaga Deb
Rental increase in Palm Springs for long term renters
30 January 2024 | 7 replies
Honestly, I think you are doing the best you can by cross-checking sources and contacting government resources.
Logan M.
Three Common Ways to bring in capital to buy a Mobile Home Park
30 January 2024 | 2 replies
One important piece to understand is that investing breaks down into Time, Money, and Skills.First purchase: 50/50 partnership.Second: 0% Down Seller Financing.Third: 15k down seller financing.Fourth: 50/50 partnership my partner brought all of the capital and I manage the community.Fifth: 0% down seller financing utilizing cross-collateralization of another property (A SFH that I owned outright)Sixth: 0% down seller financing utilizing cross-collateralization of another property (A SFH that he was okay with being in second position on)Seven: Seller Financing 300k down (I bought this in my fund and raised capital through that vehicle), 0% interest loan for 3.5 years.Eight: Seller Financing 53k down (I bought this in my fund and raised capital through that vehicle), 4% interest loan for 6.5 years.The biggest takeaway I want a reader to get is that there are a lot of different ways to make a deal work.
Thomas Yourkiewicz
Toledo Ohio. Why is Toledo an investor friendly area?
31 January 2024 | 33 replies
North of $100,000+ once you cross over into the suburbs of Birmingham and Oregon (B to B- class in my opinion).43607 - Scott Park has been gentrifying and definitely worth considering.
Michael Lang
Figuring out rental for a new SFH in the Tulsa area
30 January 2024 | 2 replies
If they have similar properties renting at a certain price that is lower, it may be a reasonable suggestion.I'd also cross reference your rent estimates.
Rahma Z.
DSCR lender on larger multifamily property
29 January 2024 | 2 replies
Typically our lending partners programs are as follows: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.