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22 November 2024 | 28 replies
Biggest thing would be to confirm the loan amounts and if they will lend to that particular area (being keen to make sure its not rural).
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18 November 2024 | 6 replies
Just be sure to account for holding costs, which can add up quickly.Another option—since you're well-positioned in Austin—could be bridge financing or hard money lending for your flip.
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18 November 2024 | 16 replies
Otherwise, you should work with a mortgage broker who can shop hundreds of lenders for you to help pick the best lending partner for this transaction!
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19 November 2024 | 8 replies
If you use conventional lending it can be 6-12 months (12 months fannie, 6 months freddie to use the current market value).
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14 November 2024 | 24 replies
Investing as an LP in a syndication is another route.
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16 November 2024 | 7 replies
I have already talked to a private lender of mine that tentatively agreed to lend on the deal.
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21 November 2024 | 39 replies
Things to consider: daily internal operations, external branding and operations, lending, in addition to inside out *legal protection and outside in** legal protection, privacy/anonymity/identity protection and security...Prevention measures at different levels, preventing the attack from being initiated vs preventing the attack (lawsuit) being successful vs reducing the damage of a successful attack.... there are many elements and I see people pick one and argue about it without looking at the whole
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17 November 2024 | 8 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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17 November 2024 | 13 replies
You as the buyer also have rights under fair lending and you should never be forced to use a builders lender. 90% of the time lenders drop the ball and end up not being able to close on time or their overlays cost the buyer the deal and in some cases earnest money.I would walk away from a deal that forces you to put $50K in earnest and use some generic lender who may not even be able to close the deal.
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20 November 2024 | 19 replies
Being able to pick their brains is always helpful, both their successes, red flags, war stories, etc.And as Jonathan mentioned, the very first step of actually taking action is knowing how much money you have to allocate to buying a property, fixing up a property (if needed) and how much a bank will lend to you.