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4 February 2025 | 11 replies
If you're looking at a debt service loan, 15% is the minimum for a purchase but it's much more common (and rates are better) at 20-25%.
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22 January 2025 | 9 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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20 January 2025 | 1 reply
Hi Lenders, currently in the market for a cash flow management tool to help organize payoffs and broker commissions to get a better understanding of how many more loans I can fund on a given month.
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22 January 2025 | 16 replies
I did all of my loans with small local banks in my area and was always happy with the rates and service.
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18 January 2025 | 10 replies
Price point I'm not sure on yet, I've been slowly learning about all of these terms over the past month.
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29 January 2025 | 11 replies
If it was your own money I think you have to wait 12 months to refi.Run your numbers and make sure you will CF with a renter first.
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30 January 2025 | 5 replies
There are best practices on certain items that provides a guidelines.Commissions are always negotiable like any other services, you can shop around for the best value for money.All depends on the risks that you are willing to take.
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30 January 2025 | 10 replies
Otherwise, you may need to replace a water service (13-15k), electrical service (10-15k) and upgrade wiring (This is a tough one, but maybe an additional 8-15k inside).
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21 January 2025 | 5 replies
Is your total monthly rent around $12k?