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11 December 2024 | 0 replies
Investment Info:Small multi-family (2-4 units) fix & flip investment in Bedford.
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13 December 2024 | 6 replies
I let my accountant know theres an error and he is attempting to fix it.
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2 December 2024 | 21 replies
I have 30-year fixed rate loans on all rental properties.
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12 December 2024 | 18 replies
And even the ones that raise more often only do so several times during the year and many times there is nothing available.So even if you had such a list, it is not really useful in deploying money in the real world.A more practical approach is to see which offerings are currently available and simply scan them to see if they match your criteria or not.
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11 December 2024 | 12 replies
We are looking to purchase a fix and flip.
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11 December 2024 | 3 replies
I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?
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10 December 2024 | 4 replies
It was previously a rooming/boarding home for men on fixed incomes.
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1 December 2024 | 2 replies
Investment Info:Single-family residence fix & flip investment.
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11 December 2024 | 8 replies
The loans are fixed rate programs, and the additional renovation financing is included into the one loan.
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17 December 2024 | 14 replies
Second - a DSCR 30 year fixed perm loan to refi the hard money loan and hold onto long term.What others have replied to is completely accurate - it is hard to accomplish BRRRRs right now due to the DSCR refi constraints (interest rates, LTVs and seasoning periods), however, not impossible.