
15 May 2024 | 11 replies
Like Erik said, its pretty difficult to bypass the seasoning period, and quite frankly you benefit more from the seasoning period than without.

15 May 2024 | 15 replies
The market has turned and is difficult for everyone right now.

14 May 2024 | 5 replies
Both of this will likely require real time conversations which will be difficult from India3) Maintenance when tenants are staying - I feel less worried about this as I can have the tenant coordinate with my chosen vendor (that I already have or can potentially find from India by talking to them on phone at night time in India / morning in the US).
14 May 2024 | 5 replies
no mortgage because i pooled with two other friends. heard that it is difficult to get a conventional loan for LLC.

14 May 2024 | 4 replies
It has become very difficult to evict someone for non-payment of rent.

15 May 2024 | 20 replies
@Ravi KaruturiRavi, a Project with a $10M “all in” cost will typically support a 70%-80% loan to cost (LTC).This means that you can borrow $7M-$8M which means that you will have to invest an equity infusion of $3M-$2M.More fundamentally, if you are asking a question like this, your priorities need adjusting.Raising capital from whomever, and especially from friends and family must come after you have acquired and can demonstrate the skills necessary to build a $10M ground up development.I believe that if you pursue a plan to raise the equity required that you will find it very difficult to secure bank debt without a track record and or the skills noted above.Feel free to reach out to me if you want to talk.

15 May 2024 | 9 replies
It's extremely difficult and more expensive to find a lender offering a HELOC on investment property.

15 May 2024 | 16 replies
High DTI makes it difficult to refinance.

15 May 2024 | 9 replies
I recommend it all the time to people looking for a steady income and not too difficult job.

15 May 2024 | 35 replies
It sounds like you may have no income which would make it difficult to refinance.