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31 December 2024 | 13 replies
There are still some good markets that will provide cashflow but you'll need to have realistic expectations when investing purely for cashflow.
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27 December 2024 | 8 replies
Quote from @Arshiya Taami: I am planning on purchasing a profitable business with its real estate included in florida and the dscr is 1.85. the problem is im just short of 600k for the down payment. that being said, can anyone provide me any reputable loan companies that will offer bridge loans and what their requirements are. thank you in advance!
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29 December 2024 | 10 replies
A primary residence will most often provide more favorable loan terms so if you are willing to wait one year while you living in your new property and are comfortable with renting out your primary residence to a tenant, then getting something such as an FHA loan is a good strategy to minimize your upfront costs and hopefully get better loan terms.
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11 January 2025 | 19 replies
The more discount you provide, the better chance you find a buyer.
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27 December 2024 | 2 replies
some things to things to be aware of;My father and I have found the deal and will be completing 90% of the rehab.The friend has lots of capital and is able to provide large sums of cash if needed.
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27 December 2024 | 8 replies
Because the payment is coming from the tenant, and not the surety bond provider, claims are always processed without a fight.If you are interested in considering a surety bond program, I recommend Obligo.
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29 December 2024 | 7 replies
The lender is the one who sets this up as they are the ones who typically pay since its them who is to provide this as well as keep track of the loan, but only be a borrower if they use a servicer.
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6 January 2025 | 25 replies
My bookkeeping firm provides me with a steady active income, which allows me to keep doing deals, cover unexpected expenses, and navigate the occasional black swan event.
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27 December 2024 | 10 replies
Or are you alluding to a 85% DSCR refi, since I thought brokers who offer HELO's can provide 80% CLTV or am I mistaken and it's 75/70 CLTV depending on rate & cash we're looking for?
3 January 2025 | 8 replies
It seems assumptions are being made so let me provide more context.