
30 November 2024 | 5 replies
I had pretty good success through these purchases.

2 December 2024 | 10 replies
Borrower Types: The Professional - HM Lender will cut sweet-heart deals to keep these borrowers around Experienced real estate investors Regularly engage in property transactions Typically have a track record of successful projects The Newbie - Charge Higher everything as the risk is higher as no experience Novice investors or first-time borrowers Limited experience in real estate Seeking to build their investment portfolio The Deadbeat - Only lend if the deal is so SWEET, they can't lose if they take the property from the Borrower Borrowers with poor credit history or financial difficulties High-risk borrowers May struggle to secure traditional financingThe lender will do an application on the deal/borrower and some standard docs they require are:Hard Money Application / ExperiencePurchase contractARV report – COMPS – See * Redfin*Pictures of Property – most people use Dropbox to shareProof of Funds – Down / Reserves (Bank Statements)Personal identification (ID or passport)But usually if the deal is sweet enough, they will do it anyway because if the deal goes south, there is so much equity/value in the property that the HM lender can't lose.

9 December 2024 | 38 replies
They like to see that you can manage credit responsibly and the more accounts you have had success with the higher the score.

2 December 2024 | 14 replies
Can we hear from individuals who have experienced sustained success buying section 8 rentals while relying on entirely 3rd party service providers?

30 November 2024 | 2 replies
A ground-up construction loan for a new investor on some vacant land would also be a no-go as you must be able to show successful exits (refinance or sale) from a few projects before that's an option.So, we need to be able to see funds in your account that can cover the down payment, closing costs, and some reserves left over that will allow you to start your rehab.• No entity to close in: Though an LLC/entity is not a must-have, it's a nice-to-have prior to seeking financing.

29 November 2024 | 5 replies
Has anyone here being successful at it?

5 December 2024 | 48 replies
Once you understand these basic things (a several more) you will be in an educated position to put in credible offers that can turn into successful ventures.

21 November 2024 | 0 replies
Negotiations focused on highlighting the quick closing capabilities of Partner Driven, securing a competitive price of $605,000 and ensuring the deal’s success despite the highly competitive market.

28 November 2024 | 18 replies
Quote from @James Wise: Quote from @Imdad Rahman: I've come across some online courses, particularly those by individuals like Tom Cruz and Section8Karim, who claim to provide valuable insights and strategies for successful Section 8 investing.

28 November 2024 | 10 replies
You could pay them a flat interest rate on the funds they contribute, similar to a private lender, or offer a percentage of the profits to align their success with yours.