
19 July 2018 | 13 replies
If the lender is concerned about "thin" credit or "short" credit, other non-traditional trade lines may be used to qualify you.

30 August 2018 | 14 replies
No, that's not how hard money works, that's where the traditional banks play.You are looking for a bridge loan essentially, something that will bridge your project to traditional financing.Bridge Plus from Lima One Capital as a for instanceThe spirit of the BRRRR is two loans:Take your hard money to do your rehab, they will finance a portion of your repairs as well.

19 July 2018 | 5 replies
This created opportunities for investors.Institutional money prefers lower risk investments which were traditionally A Rated Bonds.
10 August 2018 | 22 replies
I know there are multiple ways to get money for a project but I prefer traditional to get started

25 July 2018 | 22 replies
Jason,Market rent is around 1250, PITI will be around 1050 for traditional refinance or 1150 for cash out.

19 July 2018 | 2 replies
Traditional lenders will almost always offer better rates so it is usually best to go that route if possible.

19 July 2018 | 6 replies
It is best if used and payed off in a shorter period, rather than holding debt for years.Another option you have is to take out a traditional loan for what is needed to payoff your debt then open a LOC on the remaining equity.

20 July 2018 | 4 replies
The seller/lender Should set this up with a serving co. and escrow taxes/insurance just like a traditional lender.

20 July 2018 | 4 replies
I believe that once the home is moved I could refinance through a traditional lender which should be easier once the home is moved and sitting on a ton of equity.

29 July 2018 | 4 replies
When I lend, I typically am getting a few interest rate points over traditional financing, but lower than what the borrower would get from a hard money lender.