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14 January 2025 | 17 replies
Keep your automobiles safe..
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18 February 2025 | 4 replies
Difficulty in getting a second loan?
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11 February 2025 | 20 replies
Commercial mortgages are really DSCR loans.
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19 February 2025 | 2 replies
Either way, the property will cash flow like crazy once my unit is rented.I have enough capital to get into a bigger property with low money down and am seriously considering a triplex or fourplex for the next one.Here’s the issue: My lender (local bank) says I need to be fully moved out and have a lease in place before they’ll proceed with my loan.
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22 February 2025 | 17 replies
Its really just management of the loans.
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15 February 2025 | 15 replies
My pre conceived notion was that 80 was sufficient @Tyler Garza With respect to DSCR loans, the LTV is only one factor that lenders consider when underwriting a loan.
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11 February 2025 | 4 replies
Minimum loan size $1,000,000 [bare minimum].
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19 February 2025 | 1 reply
This would be in central Jersey which is still a hot market as a result of record low inventory.I am planning to do this strategy since I want to put low money down (10%) on a construction loan and achieve a quick build to lower my holding fees.
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19 February 2025 | 8 replies
Its your collateral, so I assume if you sell, it probably needs to go to pay down the loan.
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13 February 2025 | 10 replies
If so, how many deals/loans do we need to do before I can expect more favorable terms?