19 August 2024 | 6 replies
You purchased it with a HML, and are now rate/term refinancing the $1.5m (75% of $2m) hard money loan for better terms b/c you show six months of stabilized rent, the T-12 and rent roll with the monthly breakdown shows a clear trend towards where we are at now.Your hard money loan matures at the 2-year mark, but you weren't silly enough to call me at the 1 year and 11 month mark, so my partner lenders that have great terms, but move slower, are on the table.
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19 August 2024 | 0 replies
Purchase price: $50,000,000 Cash invested: $7,500,000Portfolio of multifamily properties that my partner and I built in San Diego County.
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19 August 2024 | 12 replies
Always interested in partnering, finding deals and learning from other like minded people.
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21 August 2024 | 18 replies
I've started looking at Columbus because my business partners have found success doing Mid Term Rentals there and the returns are solid.
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20 August 2024 | 4 replies
I have a partner, and he has gotten all of the paper work/licenses done, now we just have to actually get started.
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19 August 2024 | 0 replies
Therefore, I need a partner with at least 5 fixed & flipped or new construction properties with proof of HUD reports in their name.
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19 August 2024 | 7 replies
I made so many mistakes that I decided to join a program to learn how to underwrite, due diligence, takeover, etc.I was lucky to find a great partner and we used seller carry back on our first deal.
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19 August 2024 | 1 reply
They believe that someone with knowledge, experience and capital would be interested in partnering with them, of course on a 50/50 basis.5.
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19 August 2024 | 16 replies
Lenders who work with investors who are foreign nationals usually require a significantly higher down payment. 40 - 50%, unless you can find a partner who is US based.