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18 January 2025 | 2 replies
Question: Should I collateralize the loan (if using private or hard money), or rely on roll-over loans (to maximize the lower points and 3-4% rate)?
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20 January 2025 | 1 reply
We recently relocated to Phoenix last summer and I'm starting to look for recommendations for local credit unions here in Phoenix which are trustworthy, low rates, personal touch, easy/simple to work with, etc.
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20 January 2025 | 7 replies
Can easily get fee worksheets and run credit/DU 3.
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20 January 2025 | 2 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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22 January 2025 | 2 replies
Hello All, I have a client asking if they could buy a portfolio of 5 properties (at a "packaged deal" rate) and sell off two of them to recoup some of the initial down money needed to buy them.
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17 January 2025 | 2 replies
You can expect that you will be required to build roads, sidewalks, storm water control, utility taps, street lights, street trees as well as recreation fees as part of the development process.
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16 January 2025 | 15 replies
Assign a contract: This is where you get a property under contract and you "fee" that you collect at closing is for giving the end buyer the rights to execute on the contract.
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15 January 2025 | 10 replies
Property prices determine rental rates, which are determined by population change.
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18 January 2025 | 11 replies
Raising your credit score will get you far better rates personally as well as with private lenders for your LLC.
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21 January 2025 | 13 replies
There is no point refinancing the almost paid off property to buy another-just get a mortgage on the new property.hard money lenders are going to charge you a higher interest rate.