John Friendas
Maximum # of DSCR Loans Lenders Will Give?
9 January 2025 | 8 replies
If you have a good FICO, a decent down payment and closing costs, go ahead an do the first one.
Shawn Questa
'Hi, wait, are you a Wholesaler or a Cash Buyer?'
15 January 2025 | 5 replies
Quote from @Shawn Questa: A few times I've reached out to Cash Buyers and they would tell me that they are a part of an Investment Group and that they are ready to quickly Close Deals would be happy to work with me.Later I would come to find out that they are actually a Group of Wholesalers, like me.I guess I would prefer to Work directly with the Investor, Cash Buyer or Flipper.
Desiree Rejeili
What To Save for When Buying a Home
9 January 2025 | 0 replies
Closing CostsMake sure you also budget for closing costs, which are a collection of fees and payments made to the various parties involved in your transaction.
Daniel Hartz
Trying to refi out of a bridge loan on a SFR with tenant
15 January 2025 | 10 replies
Maybe you mean closing costs?
Robert Lindsley
Tenant with two pitbulls
6 January 2025 | 25 replies
Account Closed Thank you so much for your thoughts - it sounds like you already know this tenant because you’re describing him perfectly.
Rishika Garimella
Would you recommend buying an investment property in Austin area now
2 January 2025 | 13 replies
@Rishika Garimella I am a local home inspector and investor in the area. i think Austin is a sleeping giant right now. the rates are really scaring away buyers. but since competition is so low right now, its a great time to snag some property while its not being ripped apart by investors. i think the hutto manor area is a great choice, once that freeway opens up that connects taylor to round rock, it will definitely become a point of interest.
Fara Heath
Best way to finance this deal?
10 January 2025 | 1 reply
The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.
Sabian Ripplinger
should i use hard money to grow quicker
15 January 2025 | 3 replies
Many don’t track this statistic as closely as they should which is why many lenders go under.
Abdul Hafeez Jamali
Lenders for foreign national investors
12 January 2025 | 17 replies
Quote from @Peet Bothma: I'm a foreign national and I just closed a deal on a duplex at 5.75% an a 30 yr fixed and 75% LTV in Wisconsin.
Kylie A.
Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
Both cater to businesses with high transaction volumes and often customize services for clients who need frequent wires and robust credit options.Ultimately, your choice might depend on the frequency of foreign wires versus domestic ones and how much value you place on credit card perks.