Kathy Merkh
Finance International Group, LLC
24 January 2025 | 13 replies
When you tell them they will only get paid when the loan closes, they will disappear.If required, the only money you should ever send to the lender is for a credit check.
Heath D Wallace
First BRRRR in Bristol
25 January 2025 | 9 replies
I was looking to BRRRR a property and I wanted something close to where I know people.
Cameron K.
Philadelphia 2024 - Top Hard Money Lenders
17 January 2025 | 6 replies
I've closed a bunch of loans with Kiavi, Roc, and a few with ABL, I also closed with RCN, Easy Street, Lima One, and some smaller private lenders.I've come to the conclusion that the experience at the lender is not globally good or globally bad.
Aaron Fischer
Transition to Inspira Financial Trust from Quest Trust Company
21 January 2025 | 3 replies
I have been Quest client for 6 years and this transition is beyond anything I have ever seen and my career was putting new systems in for companies.I am trying to get a deal closed and can’t get a response.
Willie J Baxter
Any useful advice?
24 January 2025 | 3 replies
You magically get the seller to cover every single closing cost (A $12k gift, or a trick to get you to buy their problem.).
Kyle Kulhanek
Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
These two allow you to close or change "title Vesting to an LLC" without triggering a due on sale.
Alan Asriants
Why BRRRR is not an effective strategy today...
25 January 2025 | 33 replies
This also leaves me with $3,750 stuck in the deal (not including financing and closing costs, which could easily add another $20,000).In total, if I had to include closing costs and financing costs, I’d have about $23,000 (if not more) tied up in the deal and lose close to $700/month before accounting for expenses.
Kyle Kline
Short Note Investing
25 January 2025 | 5 replies
Despite the guru fed “misinformation” about all these under market price deals, they are actually very rare and require (1) the investor recognizing value that the seller and the rest of the market misses or (2) a seller with a need for an immediate sale and a buyer with the CASH immediately available to conclude a very quick closing usually forgoing inspections, financing, and other contingencies.
Devin La Croix
Owning a duplex, back to renting strategy?
21 January 2025 | 4 replies
I’m close to saving up for a down payment but it’s taking forever!