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8 February 2025 | 29 replies
Our area has a good selection of hard money lenders, and every now and then, you might find an owner willing to carry the loan, often at attractive rates.
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25 January 2025 | 5 replies
It worked out fine, though each time I got a little less than advertised interest rate (about 9% vs 10%) and I had to send a reminder email to to get my money back, but I did get it back.I ask about others' experience, because I'm still not 100% sure it's not a ponzi.
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24 January 2025 | 3 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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23 January 2025 | 10 replies
We pay Lightning Docs a $500 annual fee and $500 per loan, which we charge to our borrowers at closing.
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22 January 2025 | 203 replies
There are LCOL cities with low crime rates and HCOL cities with high crime rates.
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21 January 2025 | 2 replies
For all methods you would want to find a market that has strong employment rates, strong income rates for the market, and is a growing or an established market.
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21 February 2025 | 9 replies
I joined this community because I want to get my hands dirty and not just meet people online but form some real connections and try to provide value back to those that are willing to offer me advise and guidance, and even encouragement.So, this is my current situation:Back in 2020 I was one of the fortunate ones who purchased real estate when prices were still low (compared to today) and interest rates where at 3% or below.
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10 February 2025 | 24 replies
I have heard so many people getting charged the "fees" for signing up for a free CD.
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22 January 2025 | 12 replies
However, prices for a comparable 5-bedroom home in Washington are significantly higher, likely around $1.5M or more, which would mean taking on a new 30-year mortgage with 6+% interest rate and limiting new investment opportunities.2.
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25 January 2025 | 155 replies
You can negotiate a flat fee, or percentage of their profit of any deal.