
31 October 2024 | 19 replies
Internet chatter is a good starting point but most of my investors say the gold is going deal and taking relationships offline.

1 November 2024 | 2 replies
Any time you can avoid adding more trade lines to your credit and increasing your DTI its best.

1 November 2024 | 10 replies
There are 80% LTV cash out refinance options and 85% LTV for a single family rental purchase if the property is cash flowing (DSCR ratio of 1) and the credit score is high enough.

4 November 2024 | 26 replies
I'd imagine the interest rate plays a large role in what discount is given, along with house value, down payment and credit score of mortgagor.

2 November 2024 | 1 reply
His note seemed to indicate it was an unsecured line of credit so I wouldn't touch that with a 10-foot pole.The short answer is: everything is negotiable.

30 October 2024 | 6 replies
I am working on a product that will help small-medium size landlords launch and maintain Internet presence at a small monthly cost without spending big budget on custom development.It will include: SEO, custom domain, direct syncing with your property management software, syncing with QB.

1 November 2024 | 14 replies
Most banks or credit unions simply wont do them post the GFC..

1 November 2024 | 7 replies
And where do you think you can get rents.We've been able to secure 80% loan to cost on these types of deals with a credit union recently. 6% is a good rate, but I would see if you can shop around the LTVGood luckGino

1 November 2024 | 2 replies
Hard money and I was able to acquire $90K in credit lines from 0% APR credit cards.

28 October 2024 | 8 replies
Here’s a rundown of my current situation:- Own an S-Corp (landscaping) generating 70k a year- 160k in available cash funds- Credit score around 720- Zero debt- Own one property valued at 365k, 30% equity- Property is rented by the room generating $400 a month after mortgage and taxes- Additional 590sqft house is being built in rear of property for 60k.