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24 January 2025 | 17 replies
Are you referring to small multifamily deals or commercial properties with five or more units?
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3 February 2025 | 5 replies
Some complaints I've gotten is that my unit only has one bedroom and is small square footage wise.
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27 January 2025 | 6 replies
Hard money and private investing are both ways to finance flips, but they work a little differently.Hard money loans are typically from companies or private lenders that specialize in short-term, high-interest loans.
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29 January 2025 | 2 replies
Name detection is via loan signatures.
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4 February 2025 | 17 replies
For some buyers it would end up being less than a 2.5-3% commish, and for others more.The tricky part for the buyer is it would have to come out of their pocket in addition to the down payment, whereas a commission paid by the seller at closing is included in the purchase price and absorbed into their loan (usually unless paying cash obviously) so the buyer only has to make the down payment out of pocket.
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21 January 2025 | 5 replies
I own a couple vacant lots and looking to purchase more in a small area. 2/1s in Memphis, as far as I know, are as desirable as in a bigger market.
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30 January 2025 | 4 replies
Their realtor stated that this was a small issue that would be resolved.
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5 February 2025 | 3 replies
i wouldn't tell you where you should move since i don't know you.also, a lender would be in the best position to advise whether you qualify for a specific loan.
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24 January 2025 | 6 replies
MLS-listed deals are a bit harder to find, so investors here have had to get more creative in sourcing deals either through their own hustle (door-knocking, website, direct mail, driving for dollars) or finding good wholesalers to feed them deals.
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3 February 2025 | 3 replies
The process from start to finish would take four months and cost ~200k to build, with comps in the area around 355k-lender man said, refinancing would take six months as most lenders wont refinance a property unless its been built for six months, affecting the strategy to get paid out from refinancing quicker and closing out on construction loan-The property would not appraise at comps value, but at the cost it took to build, affecting getting paid out from the refinance.