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25 January 2025 | 3 replies
If it is someone you know you can give them a straight return as if its a loan - can provide a lower interest rate to provide upside - it really depends on the lender and what are they concerned with and what is their risk profile.
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19 January 2025 | 8 replies
Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes.
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20 January 2025 | 1 reply
Pay Down the Loan Faster:I’m considering applying $40,000 annually to the loan principal.
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24 January 2025 | 6 replies
I might have a private lender referral that does rural loans in Mid-MO if you're interested.
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3 February 2025 | 27 replies
If my spouse wasn’t opposed to moving I would try to buy a new house hack every 12-15 months and use low down payment owner occupied loans for as long as it made sense.
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22 January 2025 | 9 replies
Let's use that as an example. 20% down is $43,000 plus lender loan origination fees, closing costs etc is going to push you over $50,000 cash out of pocket.
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23 January 2025 | 1 reply
Another thought - are you considering an FHA loan on the next one?
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22 January 2025 | 4 replies
Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.
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24 January 2025 | 1 reply
Hey Everyone,I have a potential investor I've been working with that is planning to use investors edge for their loan.
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21 January 2025 | 0 replies
My question is: How do I properly take the interest that my LLC has put into the new LLC and give it to my person for the purposes of getting a loan from the bank through a refinance.