
2 December 2024 | 10 replies
They do conduct a background check, credit check, will check cash reserves, and will make sure the borrower is using their funds for business purpose only, but there is less emphasis on the borrower and more on the deal itself.

30 November 2024 | 0 replies
While engaging with the Bigger Pockets community, I've noticed many investors seeking funding.

7 December 2024 | 14 replies
Obviously - I have also seen the latter, but I don't think having a loan at 75% or 80% LTV automatically rules you out for strong cashflow.

28 November 2024 | 5 replies
Low 7s is probably the right range right now, however we are still funding a good amount in the sixes range right now as well.Many thanks for any insights & guidance.Tim

5 December 2024 | 37 replies
I'm of the opinion that index funds are a better investment unless you are really hands on.

5 December 2024 | 8 replies
I ran some quick numbers and would estimate (assuming you have good credit) you could borrow around $415k-$420k, which includes funding 100% of the rehab costs.Have you calculated your expected profit based on selling after rehab and if you decide to keep long term?

23 November 2024 | 6 replies
We are wondering how to go about showing proof of funds if the deal ends up being an on-market deal.Any advice would be helpful.

29 November 2024 | 9 replies
For illustration purposes if I were given the opportunity to finance my construction projects at 8O% LTC full recourse or 70% partial recourse I will select the higher levered recourse option because have confidence in my projects knowing the debt is sub 60% LTV and want the benefit of leverage.

23 November 2024 | 2 replies
I am getting a 5% interest rate, 30 year amortization with no balloon, no prepayment penalty.I am deciding the best way to fund the rehab.

28 November 2024 | 2 replies
YMMV, but generally speaking, the LTV for SFH rentals maxes out around 75% and MFH is 65%.