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12 February 2025 | 0 replies
If you want to get involved I would love to connect.
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27 February 2025 | 14 replies
While most DSCR lenders require 20-25% down, some allow lower down payments under certain conditions:1. 15% Down DSCR Loan✅ Some lenders allow 85% LTV (15% down) with strong DSCR (1.2+), good credit (700+), and reserves✅ Higher interest rate compared to 20% down✅ May require prepayment penalty2. 10% Down DSCR Loan (Rare & More Expensive)✅ Available for experienced investors with strong financials✅ Often requires higher reserves (6-12 months of PITI)✅ Could involve seller concessions or second lien financing3. 0-10% Down with Creative Financing🔹 Seller Carryback: Find a seller willing to carry a second mortgage for part of the down payment🔹 Cross-Collateralization: Use equity in another property instead of cash down🔹 Gap Funding / Private Money: Partner with a PML for the down payment
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26 February 2025 | 13 replies
I am looking to network with any local investors or anyone involved in the investment arena located in or around Augusta GA.
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7 February 2025 | 17 replies
To clarify, in MN a person must be a licensed to perform at-charge Property Management services, for others, on a standard commerce basis.
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22 January 2025 | 10 replies
Do we have anyone that has personal experience with a 1031 strategy that is sponsored by an UPREIT?
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24 February 2025 | 14 replies
Would like to be more involved again.
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2 February 2025 | 4 replies
Also, would this loan help build my personal credit, or would it only report to business credit bureaus under my LLC?
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21 February 2025 | 102 replies
I personally couldnt return to lock the garage.
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3 February 2025 | 8 replies
That complicates enough I'd consult with an entity/asset protection pro.I don't hold residential assets in LLCs unless partners got involved.
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17 February 2025 | 4 replies
Also the contractor selection will be key.Everything involved in historic renovation comes down to experience and communication.