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1 February 2025 | 16 replies
Hard money loans typically have higher interest rates and shorter repayment terms than traditional mortgages.
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22 January 2025 | 12 replies
So, winters are the traditional slow times for sales & rentals.
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26 January 2025 | 6 replies
Instead of a traditional down payment, I would give them some money (maybe just to bring the loan back to even).The upside if taken over the loan at the current balance, with some rehab and hopefully getting the front lot back would be a nice ROI.
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28 January 2025 | 14 replies
With the high interest rates it hard to get much to cash flow with the traditional 30% down.
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23 January 2025 | 5 replies
I’ve had many clients do a traditional 1031 and then they feel like they have a gun to their head with the shot clock.
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19 January 2025 | 1 reply
.- Short-Term Rentals in Non-Traditional Markets: Secondary markets like Florence, Alabama, are ideal for short-term rentals.
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22 January 2025 | 0 replies
Unlike banks, which offer limited loan options, brokers have access to a wide network of lenders, including niche and non-traditional financing sources.Here’s what they do:Assess your financial situation to determine your borrowing power.Compare multiple loan products to find the most favorable terms.Negotiate rates and terms with lenders on your behalf.Guide you through the application process, ensuring you meet all requirements.Example: Suppose you have a lower credit score or unconventional income sources.
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13 January 2025 | 12 replies
Quote from @Karen Smith: With more investors turning to private money lenders for faster funding, what benefits have you seen from using private financing versus traditional bank loans?
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22 January 2025 | 3 replies
Our issue is income on papers too low to qualify for the an FHA or traditional loan.