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12 December 2024 | 6 replies
@Mike Sferacorrect. one small tweak, if you're buying fixer, you wouldn't typically buy with a 'mortgage.' you'd use cash or a hard money loan.
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12 December 2024 | 5 replies
There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.
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12 December 2024 | 7 replies
How do you PAY back your contractor, did you take out a construction loan and repay them once the property sells or you refi?
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11 December 2024 | 8 replies
Hard money and standard loans (Conv, DSCR) are unlikely to be available for deals under $75k.
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8 December 2024 | 11 replies
Sounds like you're taking advantage of your favorable VA loan options smartly too.Good work - can't wait to hear about your next deal!
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17 December 2024 | 13 replies
Financing- build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.
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10 December 2024 | 0 replies
Heidi Pagano at C2 Financial is amazing to work with, patient and knowledgeable on all types of loans.
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10 December 2024 | 0 replies
Traditional lender financing with 30-year fixed loan and 25% downpayment.
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9 December 2024 | 15 replies
I've seen you post a few times about 70% max leverage but 75% is widely available, at lease with non-conventional 30Y DSCR loans.
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11 December 2024 | 12 replies
I haven’t loaned any money out and not sure if I will, but definitely believe it is a great way to make money.