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20 November 2024 | 2 replies
Does having an LLC on a Land Trust impact loan eligibility?
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22 November 2024 | 7 replies
You have amazing loans that were, no doubt, acquired because they were primary residences.
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22 November 2024 | 20 replies
I ran my own proforma and used an 8% vacancy rate and a 35% operating expense margin, which are the %s that most banks my clients work with use to underwrite their DSCR loans.
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19 November 2024 | 4 replies
Lend $100k on a deal for typical terms, but with the option to convert your loan into an equity stake in the future?
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19 November 2024 | 2 replies
I think paying off a loan with a high interest rate debt and adding to the principal is one way to stay liquid within the property.
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20 November 2024 | 25 replies
Quote from @Saint Kyle: Here's an examplelooking for rehab funding on a triplex in youngstown, oharv $130k rehab $70kdo you know of a bank that's willing to loan on a product like this?
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22 November 2024 | 7 replies
Land Development and vertical construction are hands down the toughest loans to get..
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28 November 2024 | 184 replies
She didn’t know what caused the fall, but said it’s the reason for her memory problems.The meeting, which was conducted by telephone, was cut short after Van Gundy’s lawyer said she suffered two seizures.Multiple investors have said they loaned hundreds of thousands of dollars to buy and sell mobile homes only to have Van Gundy and her company — Outstanding Real Estate Solutions Inc. — renege on principal and interest payments.
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18 November 2024 | 16 replies
Hey @Philip Jones.First, most lenders do NOT require property management to do a DSCR loan or conventional loan.
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18 November 2024 | 5 replies
What loan terms will the seller accept?