Craig Parsons
When to pay for an appraisal?
4 December 2024 | 1 reply
This is a follow up post to one I created yesterday regarding a DSCR loan.
Dorian Gray
Cash out refinance
4 December 2024 | 5 replies
So could you take out the $50 you need in a term loan and also open a LOC large enough to cover any issues that arise?
Doug Bontrager
Purchased First Rental Property
4 December 2024 | 8 replies
DSCR loans could be a good option if you want to continue to grow your rental portfolio.
Lily Jensen
HELOC on investment property
6 December 2024 | 7 replies
If you are planning to pay the HELOC back after each flip but then draw it right back out to buy the next one, you will have a loan balance most of the time and a refinance might work just as well for you.
Chirag Mehta
Newbie- Land purchase and development of Retail Shells
6 December 2024 | 12 replies
I have meetings with my lawyer to discuss partnership contract and acct for the financial piece.Since this is extremely new, I am building a team of a contractor, broker, loan officer, accountant, Lawyer and investors.
Nicholas Dillon
What calculation can I use to determine if a cash out refinance is a good idea?
5 December 2024 | 6 replies
Also what are the interest rates on your current loans?
Dahrian Barrett
Best Banks for Cashout Refinance
5 December 2024 | 5 replies
generally, the best product you can use for a cash out refinance is a DSCR loan.
Sam Epperson
What are the next steps after creating a seller finance note?
6 December 2024 | 3 replies
If you DM me, I can send suggestions.Yes, you'll want to record the docs after you execute the transaction.Also, don't self-service the loan.
Qwee Parker
Student loans factored into DTI?
24 November 2024 | 2 replies
I recently went back to school and racked up student loans onto my already high balance.
Glenn N.
Hard money lender ,borrower moved his LLC to Delaware without notification.
3 December 2024 | 10 replies
The loan attaches to the property, not the LLC.