
19 July 2024 | 53 replies
But here are the highlights to consider:-If you can do a 15% down payment on sum of purchase price and rehab dollars this can work. - Single family homes to rehab and hold or to fix & flip- Loan is in your name not your LLC- Rates between 5% and 6% depending on credit score- 30 year term loan, fixed rate, no pre payment penalty if sold or paid off anytime- Example buy at 100,000 and add 50,000 for rehab = 150,000 means 15% down payment or 22,500- So the buy is financed at 85% and so is the rehab if you look at it that way- House will be appraised off a contractors write up of the work to be done and must appraise out ARV to at least the 150,000 to make sense at all; if not loan is not approved so a buyer cannot get into trouble in that sense with lender oversight- all work must be done by licensed trades people, not the own themselvesIf this sounds plausible I'm happy to answer questions.

23 July 2024 | 13 replies
Hi Rick, I see following options, Cash, DSCR, Private & Hard Money, or look into buying properties SubjectTo.

19 July 2024 | 0 replies
Additionally, our strategic marketing highlighted the property's new features, attracting buyers quickly.

19 July 2024 | 0 replies
This collaboration highlights the importance of strong partnerships and local market knowledge in successfully identifying and negotiating lucrative real estate deals.

19 July 2024 | 1 reply
Our strategic marketing efforts highlighted the property's new features, attracting buyers quickly.

22 July 2024 | 19 replies
What may be somewhat unique is the retirement account isn’t technically a 401k that I can access whenever I want - it’s private company stock which I can only cash out upon death, termination, or retirement.

18 July 2024 | 20 replies
Can anyone offer some advice on private money lending?

20 July 2024 | 8 replies
This Act has highlighted the fines and prison sentences relating to mortgage fraud.
23 July 2024 | 42 replies
It is common airport for private planes coming from Mexico as they have CBP there.

27 July 2024 | 108 replies
I have sold off rental properties and 1031'ed them into a fixed income private equity fund located in South Carolina and I live in Texas.