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18 October 2024 | 8 replies
I contacted minimum 10 agencies and they all said no.So I just decided to stop looking.
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20 October 2024 | 14 replies
Most lenders cap out at 75% and I know of a few that can go to 80 as long as the scenario checks a few boxes, but the majority of DSCR cash-outs stop at 75%.
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20 October 2024 | 35 replies
I haven’t worked with them yet but I’ve been following them on FB for a few months now and it looks like they are a one-stop shop.
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23 October 2024 | 27 replies
Point is create a paper trail and soon the appraiser will stop getting calls from the Appraisal management company (AMC) who works for and in favor of the bank.
18 October 2024 | 34 replies
If you’re looking to build REAL wealth, then leverage of one type or another is necessary.Debt is one type of leverageSyndicators leverage investors capital as equityStart up companies leverage Venture Capitalists investments in both equity and debt.The real estate investor has 3 distinct “cycles” with debt leverage1st stage is debt secured by real estate but also personally guaranteed and often cross collaterialized2nd stage is debt secured by real estate but liability not personally guaranteed and recourse limited to specific property.3rd stage is debt free If you own units in a syndicated real property investment and the investment is leverage by debt you may not think of it as YOUR debt because you’re a passive investor, but your investment is encumbered by debt the same as property you own individually IF you haven’t personally guaranteed the debt.
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19 October 2024 | 2 replies
However, an option holder won’t be able to stop a private sale from occurring (unless they find out about it before hand and obtain an injunction); the option holder would most likely need to initiate legal action after the fact.
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20 October 2024 | 14 replies
A good deal will always be a good deal so it shouldn't stop you from taking advantage of an opportunity but depending on what you're looking to do and where the properties are you may want to budget for an extra month or so when selling on the back end.
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21 October 2024 | 23 replies
I really do not want to replace the whole roof this time.. the fix does not have to look pretty as long as it works.Any ideas on how to stop any leaks that keep coming back without me having to spend big bucks?
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19 October 2024 | 7 replies
What is stopping you from simply getting a mortgage and doing it the safest way to protect you and any issues that might arise.
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16 October 2024 | 9 replies
Good luck to you with the new venture!