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29 September 2024 | 8 replies
It is cheaper, easier and more secure.
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27 September 2024 | 0 replies
This could signal that buyers are embracing low-interest rates and turning to financing to secure their dream homes.
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27 September 2024 | 15 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
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27 September 2024 | 3 replies
I noticed you are a lender who operates in my state as well, if you have some time available I think I would greatly benefit from learning what I can be doing to increase my chances of securing a loan and what lenders look for in potential clients.
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2 October 2024 | 71 replies
Second example: I purchased a first lien note secured by a very run down shopping center in which the principal balance was $470,000 - I paid $255,000 for the note.
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26 September 2024 | 5 replies
“The launch of the United States’ beneficial ownership registry marks a historic step forward to protect our economic and national security,” said Secretary of the Treasury Janet L.
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25 September 2024 | 4 replies
This basically releases the one moving out and the security deposit stays with the property.
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28 September 2024 | 17 replies
If you only have 25% equity in the other property and no cash, then that probably will not work as its too risky for the lender unless you also have other properties to secure it with.
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26 September 2024 | 7 replies
Lenders WILL allow a secured loan ( like a second mortgage, HELOC, Cash out refi loan).
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26 September 2024 | 0 replies
For this deal, my mother and I secured financing through a Debt Service Coverage Ratio (DSCR) loan, which allowed us to borrow based on the rental income potential of the property.