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21 December 2024 | 7 replies
The downer is that financing through an LLC would mean “commercial loan” which has a high interest rate of nearly 9% in today’s high rate environment.
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21 December 2024 | 3 replies
If you are buying in a LLC there is typically a loan agreement and personal guarantee that is common
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14 December 2024 | 11 replies
I bought my first Multi-Unit (Duplex) and I'm gearing up to find my first SFH/Fixer Upper so I'm trying to build my list of resources for available properties in Atlanta and surrounding areas.
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24 December 2024 | 9 replies
It’s things like that which make this decision more than just a legal one-it’s about how organized you can be.Something else to consider: lenders often want you to personally guarantee loans, even if the property is in an LLC.
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28 December 2024 | 8 replies
I began inviting them to online zoom meetings I would hold with brokers, agents and investors... friends I had made along the way, where we would just talk strategy, loan types, current market trends etc.
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23 December 2024 | 4 replies
That could trigger your due on sale clause and force you to get a new loan.
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26 December 2024 | 6 replies
Italy you can get loans for 3 to 4% but the properties have to comply or you have to correct if possible the situation.
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27 December 2024 | 8 replies
Regarding the issue of rising interest rates, ensure that the DSCR remains robust under higher rates and lean towards fixed-rate loans.
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31 December 2024 | 97 replies
such as by including affirmative coverage for forced removal in the loan policy.
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22 December 2024 | 8 replies
Getting it under market value would be a bonus.So, would using an FHA 203k renovation loan, which would allow me to buy something unqualified for a standard mortgage, which would weed out a lot of competition and push the price lower.