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15 September 2016 | 1 reply
With my current financial position, the properties need to have at least 1.2 rent/value ratio or higher, be 75% of value, and $150k or less. if the numbers work out in the near future, i would like to start using hard money lenders for the down payment and closing costs on the properties, and purchase them traditionally. i would like for these properties to also have a 1.0 or higher rent/value, and with my current credit i can get approved for around $150k-$200k, so the property would need to be below that. once i fill up my 10 allowed traditional financing properties, then i would go hard money lenders for down payment / closing costs, and private financing for the long term. by that time though my own portfolio should be able to provide down payments in leu of hard money. your comments and positive feedback / critizism about my strategy going forward is appreciated. i am a brand new real estate investor, finishing up on my first hard money/refinance acquisition now, so im just getting started and looking to grow the portfolio quickly. thank you
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14 September 2016 | 0 replies
I've walked a previous project of his and has high quality finish.
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21 September 2016 | 2 replies
Just an all round person that can do cabinet installs and other finish carpentry and maybe light plumbing and electrical?
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19 September 2016 | 6 replies
I've just finished my 50-ton, though it's more for deliveries and warm-water sailing gigs than hard sea time.
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15 September 2016 | 5 replies
I usually put a rendering and then pics from recent builds for finishes disclosing that in MLS the images are from a "similar" home.
15 September 2016 | 5 replies
Hi Account Closed,Yes, but I don't lend in Texas, so the "hurry up and finish or you wont be getting any future business from me!"
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19 September 2016 | 6 replies
Hard money construction lenders will loan based on the finished value.
16 September 2016 | 8 replies
Currently have 2 houses on the market and I'm just starting a 7 unit rehab to finish next March.
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24 September 2016 | 23 replies
@Leland Smith You are about to sign with a contractor that will not finish the job.
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17 September 2016 | 11 replies
I too have been loving BP for information and am getting back into the investing realm 😉 just finishing my RE license here as well and networking with other like-minded people.