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5 December 2024 | 15 replies
Starting a hard money lending company makes sense to me since I have hundreds of contacts in this business that I've built relationships for years, as well as it aligns with my origination background.
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2 December 2024 | 9 replies
Originally posted by @Drew Sygit:100% agree with @Jay Hinrichs!
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2 December 2024 | 9 replies
Cause you don't want to tell the original seller how much profit you're making?
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5 December 2024 | 17 replies
Compare origination fee and rate mostly.
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3 December 2024 | 51 replies
I was originally told I would have tenants in place before closing and I missed my commercial loan was partially based on this.
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5 December 2024 | 6 replies
They typically have multiple origination points (meaning very high closing costs) very high rates (compared to conventional but also compared to 6 month or longer waiting period DSCR products) and almost always have VERY long pre-payment periods up to 5 years.
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4 December 2024 | 10 replies
Before reading this, I would have guessed the answers you got, more or less, I'm glad I was mostly correct.I wanted to reinforce a point, that I think was the reason for your original post.
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4 December 2024 | 12 replies
To answer your original question - I include the video on VRBO (there is a place to put the link there) and I also have a YouTube channel for my videos.
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28 November 2024 | 13 replies
I pulled data from VRBO for similar 2br/2ba units in the complex and by my calculations the nightly rate on average would come to $208.
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1 December 2024 | 10 replies
The note investor who thought interest is paid on the original principal rather than the unpaid principal balance.