
12 January 2025 | 1 reply
it will be a corporate/wellness retreat/short term rental destinationI need land that is close to the Action, but not too close, and preferably comes with two single family doors already built, so I can take advantage of Fannie Mae owner occupied loan and develop the rest of the land on my own and with private funding.Is Columbus a good market for this strategy?

16 January 2025 | 7 replies
Except that you will be required to get a loan for $200k or put another $200k from your pocket in to the deal.

11 January 2025 | 5 replies
Hi Aubrey,International lenders don't exist for real estate in that no lender in one country will give you a mortgage loan in another country.A good service to estimate revenue in Costa Rica or everywhere in the world for that matter is Aidna.

23 January 2025 | 15 replies
The problem is that the new lender will not allow me to quit claim the property back to my LLC now that the loan is done.So I have to rely on insurance only which is terrifying to me.

12 January 2025 | 12 replies
A $240k loan amount on a $249k purchase price seems crazy and I'd never expect to produce any net positive cash flow doing this.How are you calculating your property taxes?

27 January 2025 | 29 replies
Yes the product might be Real Estate but the LP is just loaning money.

17 January 2025 | 22 replies
You can bypass the longer seasoning requirement with a debt service loan.
9 January 2025 | 7 replies
Account Closed said, income and assets are the only "hassle" with a conventional loan.

10 January 2025 | 14 replies
I'm not sure I can copy and paste my Excel spreadsheet, so i will approximate the numbers here.Strategy:Take a Home Equity Loan (second) on our primary @ 5%.Pay off existing HELOC (variable, at 7.5% now), use remainder ($120k) to buy the land (plus 30k of our own cash).