
24 January 2025 | 0 replies
The refinance step is where you pull out this equity, typically in the form of a cash-out refinance.Here’s how it works:You refinance the property at its new appraised value (after rehab and renting).You take out a new loan based on that increased value, ideally for the full amount or more than what you originally paid for the property.The goal is to pull out enough money to cover the cost of the original purchase and rehab (or even more, depending on the property’s appreciation).This allows you to recover your initial investment, which can then be used to buy your next property.5.

16 January 2025 | 6 replies
There are services like Blockfi, Unchained Capital, and many others will will give you a short-term loan backed by your crypto assets.

21 January 2025 | 5 replies
We were trying to buy a loan that was in default and the current lender was emotionally attached and has it listed for over $2M when comps are $1.5M.

17 January 2025 | 4 replies
I’ve been working with several lenders for DSCR loans, but I’ve found that the fees are quite high, with minimal benefit in terms of lowering my current interest rate.

17 January 2025 | 17 replies
On the other hand, if you're aiming for long-term rental properties, getting prequalified with a lender specializing in traditional loans or DSCR (Debt Service Coverage Ratio) loans is key.

14 January 2025 | 4 replies
@Jason Velie will know exactly what to do in this situation.

17 January 2025 | 19 replies
Since i had capital and had access to my commercial banks for the best rates possible on vertical and horizontal loans..

18 January 2025 | 1 reply
Multiple offers situations are the rare exception, not the norm.

18 January 2025 | 0 replies
They have contacted me for a commercial loan.

18 January 2025 | 0 replies
They have contacted me for a commercial loan.