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16 August 2024 | 4 replies
It is our job to facilitate and make the process smoother while selecting the most appropriate product/lender based on your overall goal.
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16 August 2024 | 19 replies
For example, a mix of long-term rentals and perhaps a few duplexes or small multi-family properties could help stabilize and grow your cash flow while you build equity.Selling Your Corpus Christi Property:With a low interest rate like 3.375%, selling might not be the best move unless the equity can significantly jumpstart your portfolio in Houston.
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20 August 2024 | 452 replies
The more full Doc a loan is typically there is more documents, scrutiny, and ultimately a longer closing time frame where as a private bridge note can fund in 1-2 weeks the full doc rehab loan may take 40-70 days on average depending on a host of variables (your General contractor's documents, the appraisal, scope of work, etc).Its imporant to figure out what you're trying to do, what deal you have in front of you, your capability in terms of all loan products from DTI focused ones, the bridge private ones, your time frame to close (the type of seller you have before you), and execute with the best game plan.Best,@Matthew Kwan@Carlos Valencia
16 August 2024 | 3 replies
Thanks Hi Erik,There are several private lending products available that can help with thepurchase of vacant land, depending on your situation.
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16 August 2024 | 5 replies
Im focused mostly on the permanent financing part of the equation and dont currently offer hard money/ABL lending products, but I'm more than happy to connect you with everyone.
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19 August 2024 | 52 replies
Makes me feel even more like a product when they ignore their members.
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15 August 2024 | 9 replies
Memphis also has a diverse economy and a growing job market, which helps stabilize rental demand.Moreover, Memphis has a strong rental market with a high percentage of renters, which aligns well with a long-term passive income strategy.
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16 August 2024 | 17 replies
However, always have a flexible approach – sometimes a great property comes up that’s worth pursuing even if your financing isn't fully in place yet.LendersFor multi-family housing owned by out-of-state investors, I recommend looking into regional banks or credit unions in the Midwest market you’re targeting, as they often have more tailored loan products.
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14 August 2024 | 9 replies
Are there any non-qm loan products that lend in the 75-120k range?
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14 August 2024 | 4 replies
Sounds like that may be a bank specific product and a pretty sweet one at that.