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3 January 2025 | 1 reply
The hard work paid off when we sold it on 9/13/2024 for $155,000.
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27 January 2025 | 15 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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17 January 2025 | 6 replies
The good ones will have access to off-market deals.
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21 January 2025 | 2 replies
At one point they fell behind by $2100 but has since caught up and paid me but did not pay the electric bill and it was turned off.
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20 January 2025 | 6 replies
First off, has the developer provided you with a term sheet (not a commitment) from a bank showing they'd lend 75% LTC on a mixed-use development?
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19 January 2025 | 9 replies
This means that if you pay off the loan too early, then you'll pay a 1-5% fee off the loan amount. paying off the loan early means you either refinance or you sell the property, both would trigger a prepayment penalty to the lender. that being said, you can choose your prepay options, 5yr usually giving you a better interest rate by like a 0.25%, 3yr being most common and standard, and a 0,1,2 yr where you can buy down the prepay to be less years. meaning you pay 1% upfront of the loan amount to get a 1yr prepayment penalty so you're free to sell the property or refi after 1yr.
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17 January 2025 | 21 replies
do you guys post off market deals on there/is there a better place to find be off market deals in Canton rather than Craigslist or marketplace?
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23 January 2025 | 7 replies
Because the chances of successfully concluding a wholesale transaction when you lack experience, knowledge and capital are so infinitesimally small that you’d be better off playing the lottery.
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25 January 2025 | 26 replies
All off the bees are going to go to the bee hive just like buyers are going to go to the listings.Enjoying the article?
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22 January 2025 | 2 replies
That style of learning and introduction to true industry catches my attention as having someone in the space that understands the space to bounce things off of and learn from seems to be the ideal way.I have through a handful of the webinars and follow up calls with different companies and they all basically pitch similar ideas and strategies.