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17 January 2025 | 35 replies
It's a relationship game more than anything, so if you're building strong relationships with them and providing a consistent product, you'll be golden.
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16 January 2025 | 17 replies
Hi, you seem like a potentially good candidate for DSCR Loans, a loan product that was essentially designed for exactly this - investors that want to build a portfolio relatively quickly and not be slowed down by DTI requirements or other hassles from conventional options.Would be glad to help, also check out this 12-part series published here on BP on everything you would ever want to know on this loan option!
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29 January 2025 | 31 replies
@Sang Kim- thanks for clarifying you are trying to get a commercial loan ...this is a completely different product than a home loan ...You still should be able to locate and obtain a good commercial loan without having to pay any fees upfront ( other than possibly paying for the appraisal after the loan has been approved )
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12 January 2025 | 4 replies
Theyre great products for self employed borrowers who will not qualify for traditional loans, but there's a premium for that convenience.
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14 January 2025 | 27 replies
The proformas are utter nonsense because they know the product is no longer a viable investment.
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14 January 2025 | 15 replies
Reason being is that it allows you to invest in other products other than they offer, so that's why they don't promote these .
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6 January 2025 | 3 replies
Seems doable, depending on a few factors will determine what the right product is for you.
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19 January 2025 | 269 replies
These are the product of much discussion as it is!
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16 January 2025 | 10 replies
Typically this means they will take longer to close, may not have all the information for the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.What is your investor success rate?
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3 January 2025 | 9 replies
I cannot assist w/ the acquisition of the property but do have an FHA product that is specific for home improvements.