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11 January 2025 | 0 replies
Looking for in country contacts banks, agents, contractors, recommended areas, etc to prep for a productive visit.
11 January 2025 | 12 replies
If you aren't going to be living in CR full time as you try to execute the deal I do not think it is physically possible for you to obtain a loan from Scotia Bank and not worth your time to try because the rates are so high.
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10 February 2025 | 62 replies
For value add you need to buy deep, have reputable contractors, and understand different financing products + creative finance.
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18 January 2025 | 21 replies
However, if you intend to work with a hard money lender or utilize a short-term loan product, you're on the clock for repayment, which can be stressful if things go sideways.
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15 January 2025 | 6 replies
I would suggest going to the find a lender tab here on bigger pockets to find a local lender who has the same products.
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21 January 2025 | 9 replies
Two, you'll have a much easier time obtaining a mortgage product if you have a track record of W2 income.In the meantime, continue implementing the strategies you mentioned: save religiously, build your credit, pay any existing debt owed, etc.
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13 January 2025 | 4 replies
Curious how this will play out in the courts (granted it's LTR) and affect pricing products used for STR such as PriceLabs (which I use but have to seriously manually adjust for very specific reasons).
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13 February 2025 | 22 replies
The letter with a family photo would be a great product.
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17 January 2025 | 7 replies
I'm hopeful we can find more productive ways with less red tape in the future outside of LIHTC leveraging technology since standard construction really could use an overhaul.
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17 January 2025 | 14 replies
We have a commercial 30Y fixed DSCR product that may work for you.