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1 October 2024 | 18 replies
Does anyone have any experience with financing a clean and sober home that is already in existence?
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1 October 2024 | 12 replies
I even find myself looking at public records to understand what liens might exist on the property that I might have to assume when purchasing it, and these public record sites are not very straightforward to use.
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30 September 2024 | 9 replies
Then what's the reason to have a "real" study if it exists as a backup option anyway?
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30 September 2024 | 10 replies
@Jimmy Patel increase value of existing properties.
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30 September 2024 | 8 replies
This approach is probably your most expensive path.Consider buying existing homes and possibly renovating them if you want to be a landlord.
30 September 2024 | 3 replies
The perfect tenant does not exist.3.
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29 September 2024 | 8 replies
My advise (not legal advice as I am NOT an attorney ) is just purchase the property SUBJECT TO the existing mortgage.
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30 September 2024 | 8 replies
What resources / vendors exist out there for this?
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1 October 2024 | 13 replies
Also, to make your money go farther, cutting down closing costs is a great way to do that, We can help with that, which is why we offer 1 point Origination Fix and Flip loans.Is sounds like you already have a portfolio, you may want to look at refinancing your existing portfolio to free up cash for future purchases, the buyer's market is only going to last so long as these interest rates are being cut.
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1 October 2024 | 8 replies
The advantage of the SBA financing is that you will only have to bring 10% to the table, but you will also have to show with the existing building and your Adjusted Gross income that you have the capacity to pay for the new debt.