
29 August 2024 | 3 replies
Lower cost of funds at higher LTV than bringing in investorsWith the right SBA lender, you can close within 30 to 45 daysBetter fixed rate pricing with 504 program than traditionally bank financingGenerally more flexible underwriting with SBA 7a, and the right SBA lender

29 August 2024 | 0 replies
I financed this deal with a bank loan and through personal funding.

29 August 2024 | 4 replies
I have a local bank who just allowed me to open a $200,000 HELOC on it with no fees.Option 1: I can keep the house and rent it out.

30 August 2024 | 6 replies
My accountant said as long as I keep all receipts for proof the money was used for renovations then it would be fine.I'm also wondering can I put 20% down and put the remaining funds into a new bank account that is separate from my personal accounts.

4 September 2024 | 84 replies
One of the largest competencies of REI is scalability through other people's time (OPT), often times carried out through PMs.If your goal is to own a smaller portfolio, then perhaps doing your own property management makes sense.If you want to acquire medium to large scale apartment buildings, then you probably won't even get a loan from a commercial bank without proof of using a PM with a solid reputation.

26 August 2024 | 13 replies
Would love to know if any bank exists that can do a cash out refinance where underwriting takes less than one week

25 August 2024 | 6 replies
I am starting out in my real estate investing journey and was hoping to see if fellow investors recommend pursuing short sales, banked owned properties and foreclosures, versus pursuing typical MLS properties or off market properties with distressed properties or sellers.

25 August 2024 | 1 reply
Looking to network with Investors who have experience with Land Banks throughout Connecticut.

28 August 2024 | 17 replies
I have recently been removed from all 6 business bank accounts and had no responses from him.

29 August 2024 | 5 replies
The only issue really is that this is not considered an "arms length transaction" so if you were going to a bank they may more hoops to jump through or lend less than they would in an arms length transactions or even pass on it.