
7 January 2025 | 2 replies
With the current mortgage rate constraints affecting how many buyers are willing to enter the market we are seeing a lot of borrowers have success with the BRRRR strategy with plans to sell in the next 3-5 years when interest rates go down.Researching potential LTR and STR rental amounts and seeing if holding for a few years is a viable option is a good analysis to do well.

8 January 2025 | 14 replies
I started my career as a commercial banker a long time ago, but have been an independent mortgage broker for nearly a decade.

4 January 2025 | 14 replies
A classic example is Vestin Mortgage back about 15 - 20 years ago.

13 January 2025 | 30 replies
These sellers paid much less than what the going rate it today, likely have no mortgage or low interest rate mortgage and do not need to push rents to market value to cash flow.They get solid returns at their current rental values, have minimal headache with current tenants and they don't need to do major repairs to get their properties sold for a solid value.

7 January 2025 | 0 replies
The HML covered 100% of the $32,500 rehab budget through drawbacks.Refinance: Post-rehab, I refinanced into a primary mortgage, creating 25.5% equity in the property.Future Financing: I plan to leverage the property with a HELOC to access up to $86,000 in capital for future deals.
3 January 2025 | 10 replies
Get a conventional mortgage.

7 January 2025 | 7 replies
Assuming you don't have a mortgage that requires a certain level of insurance, you can get a stop-loss policy covering all the properties.

15 January 2025 | 12 replies
Ironically, Taylor often only sent emails to just one of us, until she had multiple reminders.We obtained, as requested, payoff letters for our mortgages with the date of December 31st.

24 December 2024 | 13 replies
Quote from @Chris Seveney: Quote from @Mort McGuire: Good morning to all,Does anyone invest in mortgage notes?

6 January 2025 | 8 replies
If you use a DSCR loan you could maximize the equity you could take out while still breaking even on the mortgage + taxes + insurance.