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20 February 2025 | 7 replies
Connecting with an insurance company may be helpful in placing long term tenants in a fully furnished home.
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4 February 2025 | 0 replies
Which was $42,399.08/$35,950/5×100 = 23.5He also stated the total loan was $60,000 and the payoff was $55,004.72 over 5 years....He has 1.1475/5 to get 22.9% ROI....WHAT IS 1.1475?!?!?!?!?!?
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28 January 2025 | 0 replies
Similarly, quality dividend-paying companies often retain some earnings to reinvest in their business, increasing the company's (and your) value over time.
31 January 2025 | 6 replies
A better option if you can swing it is to purchase with your own funds, gain access, then refi into a loan.
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17 January 2025 | 3 replies
Just because the property can close in an LLC with a DSCR loan, does not mean the loan is made to an entity.
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4 February 2025 | 1 reply
Hey All - As my fix & flip company has grown in the last two years, we are beginning to bring our own construction in house.
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20 February 2025 | 2 replies
in what I just laid out, you'd make monthly payments to the seller just like you would to a bank for 5 years, and then the remaining principal balance of the loan would be due, at which time presumably you would refinance the house into a commercial mortgage and use the proceeds to pay off the seller.
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20 January 2025 | 7 replies
If they have a good interest rate it might be worth looking to see if you could assume their loan to take advantage of the lower rate.
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1 February 2025 | 13 replies
Quote from @Brandon Blackmon: @Bruce Woodruff 100% the answer I'm looking.... a solid GC, has a 20-25% markup to I would for sure know going into this that these are private companies and they can set their own fees.
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1 February 2025 | 16 replies
I borrowed $30k on a personal loan from Discover for 15% with no fees for a plot of land and paid "cash" for it.