Vincent Plant
Hard Money Costs Too Much?
13 January 2025 | 15 replies
It's calculated as the ratio of your total loan amount (loan amount for purchase + loan amount for your rehab) to your total costs (purchase price + rehab budget). 95% is a good target.Avoid application and other upfront/junk fees.
Alex Hymanson
Loan Product and Value Add Questions for Self-Storage
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?
Gabriel Fung
Starting a Syndicate Fund on lucrative business model - Assistance Needed
5 January 2025 | 2 replies
I funded this with US cash, as well as a loan with a Canadian bank.I have shared this process with many friends and other real estate buddies that commended my journey.
Jennifer Fernéz
Help Me Close On My Loan!
23 January 2025 | 3 replies
Woohoo! My offer got accepted for an investment property in Pennsylvania. Next up is a huge financial hit: closing costs. I just signed a bunch of disclosures from my lender and after reading them it has me thinking, ...
Alex Fenske
I bought a neighborhood strip center and brought no money to the closing
20 January 2025 | 3 replies
Zoning, buildouts, service contracts, advanced mechanical systems etc. none of which are encountered in residential.
Thomas Farrell
BRRRR with ~400k Capital
18 January 2025 | 16 replies
If scaling quickly is your goal, DSCR loans are a great tool for the refi portion since there’s no 12 month seasoning requirement like conventional loans, and DTI isn’t a factor.
Nilusha Jayasinghe
Property reserves and personal efund locations
16 January 2025 | 12 replies
Thanks in advance!
Melissa Johnstone
First home buying experience and with using my VA loan
7 January 2025 | 4 replies
This was through the Veterans Affairs home loan program.
John Davey
Can you deduct interest (primary house) from a home equity loan to buy a rental?
3 January 2025 | 11 replies
Loan interest is deductible based on the use of the loan, not the asset securing the loan.
Meir Ben-Yechiel
Question About Investment Goal Strategy
8 January 2025 | 5 replies
You have to do some more research.Are you saying 200k in cash so you could spread that out among multiple downpayments or 200k via a loan?