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27 November 2024 | 9 replies
Typically loans for these multi-family is 25% down and up.
28 November 2024 | 5 replies
But you said you got a residential loan, so this property is 4 units or less.
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9 December 2024 | 21 replies
Plus that $75,000 is out of pocket, not financed in your loan.
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10 December 2024 | 25 replies
Jackson is very active for investor loans.
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1 December 2024 | 0 replies
Financing- build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.
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16 December 2024 | 43 replies
OR if the buyer has to get their own construction loan ( which I dont really get since i always get my own construction loan)
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30 November 2024 | 1 reply
"Soft" Bridge loan from Midwestern Life Insurance Agency.
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28 November 2024 | 2 replies
Texas - Cash out loans of any type are pretty challenging here in Texas.
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30 November 2024 | 0 replies
"Soft" Bridge loan from Midwestern Life Insurance Agency.
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2 December 2024 | 5 replies
So, even if you could get a down payment and loan for a property, you would LOSE money even at high rental rates until you ran out and got foreclosed on and still not be giving anyone a break on rent prices. 4.