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22 January 2025 | 7 replies
Hey @Jaycee Greene, we typically get loans from smaller local banks.
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22 January 2025 | 1 reply
You're going to lose your loan from what I understand.
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17 January 2025 | 14 replies
Most DSCR loans allow LLCs to hold title and sign the note.
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4 February 2025 | 11 replies
we have to have pre sales my bank will only give me a certain amount of spec loans but unlimited amount of pre sales. its the only way to keep velocity when you have a larger project like us ( 90 homes) We have been blessed no questions about it.. we made some critical decisions when we started that now look like genius moves :)
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26 January 2025 | 51 replies
It looks like "Good Egg" is simply an Entity that collates funds, and then invests those funds on your behalf with the actual sponsors/general partners that actually purchase the properties, get the loans, manage the properties and distribute the funds.
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24 January 2025 | 5 replies
One thing I continue to think about is how valuable 2-4 unit properties are becoming, and will continue to be, since Fannie/Freddie took the income restrictions from the 5% down conventional loan option for house hackers.
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18 January 2025 | 10 replies
That is important when considering a conventional conforming loan.
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21 January 2025 | 0 replies
Are there other options that could be better for a construction to perm loan (not through a traditional bank)???
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19 January 2025 | 354 replies
We have bought some loans from them from our fund.
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26 January 2025 | 2 replies
You will make more from loan pay down, yes you SHOULD have some appreciation.