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7 November 2024 | 8 replies
Over the past week along we received over $400M in defaulted fix and flip loans from flippers who were getting 90% acquisition and 100% renovation and the properties are 20% underwater.
4 November 2024 | 8 replies
The original issue of the broken pipe was fixed in a day.
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4 November 2024 | 14 replies
To fix this problem without involving all of this shenanigans would probably only cost a few hundred dollars in materials and a few hours labor.
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7 November 2024 | 12 replies
I made this mistake recently because I keep my credit locked but forgot to unlock and was shocked when I got a denial... turns out it was my own doing, I temporarily unlocked and they fixed it3.
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6 November 2024 | 21 replies
Long-term rentals, fix and flips and hard money lending.
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4 November 2024 | 1 reply
I’ve been in the real estate business for almost three years now and have completed five deals: one buy-and-hold long-term rental, one short-term rental, and three fix-and-flip projects, for which I helped raise capital.
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7 November 2024 | 15 replies
It fixes some of the issues above and preserves capital.
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5 November 2024 | 3 replies
I am ready to take on my first fix and flip and have seen a few properties with a realtor I really like.
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4 November 2024 | 19 replies
The mortgage from the cash out is the Lien and can be set up in an LLC or vested in your name.DSCR is great and offers 30 year fixed, 5/6 ARM even a 40 Year I/O Interest Only fixed for the first ten (10) years.Much better than having a smaller Heloc $20K+ which will have a higher rate and a shorter amortization.