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16 January 2025 | 19 replies
Possibly break loan covenants and can't cure default, lender takes back property.
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5 February 2025 | 35 replies
The other route you can look into is purchase+rehab loans if it's going to be a primary, if it's an investment then using hard money, bridge loan, or DSCR.
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16 January 2025 | 23 replies
There was also a loan grant available from the state of NH for first time home buyers for 3% down payment assistance.
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21 January 2025 | 4 replies
If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.
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21 January 2025 | 2 replies
We generally advise our clients to go ahead and pay the recapture rates if death is the alternative.The good news about recapture - the deductions are a deferred tax liability to you, and an interest free loan from the government.
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17 February 2025 | 6 replies
In the case of floating-rate loans, interest rate caps would be a prudent measure to take as well.Multifamily Sector FundamentalsThe underlying fundamentals for the multifamily sector are very strong right now.
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23 January 2025 | 15 replies
Do you use traditional financing or do you us DSCR loans?
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2 January 2025 | 2 replies
Its a tiny loan for any institution.You'll have to get hard bids from a local GC, but maybe $110/ft?
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28 January 2025 | 71 replies
New loan is a 10/30.
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13 January 2025 | 13 replies
@Patrick Roberts & @Tim Delaney- which lenders/ loan types are good for 80%?