Also, have you looked into DSCR loans for the refinacne portion?

A self-directed IRA or 401k can be a great vehicle for loaning money to others without getting hit with taxes on the interest income.

You should have a chat with your accountant, if you had a loan on the property, you may need to buy a property for more than the cash you received to defer 100% of the gain.Best of luck

Good Morning - My realtor came to me with an offer for an FHA loan but they want to move in this weekend.  

For instance if this is a $10M portfolio that's levered with loans totaling $9.1M, there's no equity that can be pulled but if this is a $1M portfolio with $100K of debt, its a different story.

Loan Origination Systems (LOS): What works best for mortgage and private lending?

I got my realtor license in 2021, and that same year, we purchased three single-family homes using investor loans.

You can talk to the bank about a loan; however, my bet is they will want some form of contract and scope of work and will only pay him at set milestones.

You're going to lose your loan from what I understand.

Hey @Jaycee Greene, we typically get loans from smaller local banks.