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5 January 2025 | 7 replies
What would be considered the easiest program for small hard money lenders to use to track loans and history and sending out 1098 's?
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23 January 2025 | 6 replies
What are the terms of the lease?
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18 January 2025 | 15 replies
Find one that can be custom to your needs, has flexible pricing, no long-term, high-cost memberships, and excellent customer services to determine how to best market to your leads.If you would like a referral code or more information please let me know :)
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30 December 2024 | 6 replies
@Robby SanchezBridge loans are short term and if they default or mature in many instances the interest rate doubles - so make sure you have a very solid exit planI see many get a bridge loan and realize they don’t have the 25% equity in the deal to refinance to another loan and end up getting wiped or foreclosed on because they never researched what they needed to be at on the back end when they were refinancing.
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18 January 2025 | 0 replies
Purchase price: $160,000 Cash invested: $35,000 Another 1% single family deal in a transitional area creating long term wealth
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25 January 2025 | 26 replies
When cycle gets tougher then those marginal agents sales dry up and they go back to that j-o-b especially since they did not save and spent all their money on trips, bigger houses, nicer cars,etc.Good LuckI hope you are one of the few that make it long term. 14 years in the business and still having record sales year after year.The best nugget of info I can give is constantly out learn your competition.
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23 January 2025 | 6 replies
I think holding is a great long term plan.
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6 January 2025 | 28 replies
It is usually for the term of the mortgage.
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18 January 2025 | 5 replies
There's no current loan on it right now.
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9 January 2025 | 2 replies
I would hold at least one year and rent out as short term rental,might ending up keeping for 2 years