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23 October 2024 | 9 replies
Would you stick with the bank (have kept the communication going with my contact on what i'm working on, high level is 25% in, 9% rate amoritzed 15 currently but I think they would do 20 and also includes construction phase but not sure yet on when it would switch to p&i) and go that route or would bringing in a cash partner (friend/family, have multiple people interested) be something to consider?
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24 October 2024 | 10 replies
ya the one I just mentioned to Jay Hurst was a guy who supposedly had off shore money and would get us a large line just needed to give them 500k.. big dog and pony show at wall st lawyer etc.. they even had shills for references that we called and again just did not pass the sniff test..
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24 October 2024 | 11 replies
If you find a lender/mortgage broker that communicates very well and in a very time efficient manner start there to see if they have a product that works.Most of the lenders we have worked with in the past we have done multiple loans with.
23 October 2024 | 9 replies
I have 1 that does alot of work for me over multiple properties.
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17 October 2024 | 1 reply
In this post, we’ll explore the key considerations and weigh the pros and cons of making the switch.Why Investors Use Multiple Carriers in the First PlaceMost businesses start with multiple insurance carriers for a few simple reasons:Cost – When starting out, investors may opt for the most affordable insurance options, which often leads to picking different carriers for different coverage areas.Specialization – Some carriers specialize in certain locations/aspects of the property.
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23 October 2024 | 18 replies
I understand there are multiple ways to legally raise money for others without tip-toeing the broker-dealer line: 1) Consultant Fee.
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29 October 2024 | 24 replies
Lastly, my initial goal is to house hack so I can theoretically live free for a few years, while buying multiple MFH to build a larger portfolio quickly.
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24 October 2024 | 6 replies
Avon, CT is a hot market, with multiple offers being received the weekend of the open house, which is scheduled one week after listing.My offer of $725,000 was $20,000 lower than the highest bid, but was accepted without counter because it was not contingent on financing, while the highest offer at $745,000, while the buyer had pre approval financing, was subject to financing.
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19 October 2024 | 3 replies
The above efforts definitely helped and we thought we had the issue fixed, but the water is now smelling after the house has been vacant for a week or so.We plan to get the water tested for Sulfur, bacteria and iron.
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25 October 2024 | 16 replies
Trulia.com4- call all of the FSBOers. multiple sites I then would reach out to the top closing companies and start phone networking.