Chris Pontello
Avoiding a short sale through creative financing
26 January 2025 | 6 replies
Instead of a traditional down payment, I would give them some money (maybe just to bring the loan back to even).The upside if taken over the loan at the current balance, with some rehab and hopefully getting the front lot back would be a nice ROI.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
Is this using a 20% down, conventional or DSCR loan, although I would think a first time investor would use a conventional loan.
Johnathan Cummings
Buying portfolio and then selling off a portion to recoup investment?
22 January 2025 | 2 replies
Just sell and pay off that loan or two.
Lauren Ruppert
How do you get a spouse's name off of the property if divorcing?
25 January 2025 | 5 replies
Couple is divorcing, husband wants to keep the property; wants ex-wife's name off of property/loan.
Karma Abdula
My First Flip: Fixer-Upper Tested My Sanity (and My Wallet)
31 December 2024 | 0 replies
From a leaky roof to a backyard jungle, it was a crash course in problem-solving and patience.I bought it for $145,000, powered through the chaos with a hard money loan, and sold it for $180,000.
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
We bought it for $90k they said it was worth $90k after $30k in repairs, then a second appraisal said $120k so we could get out of the Hard Money loan by getting a personal loan and maxing out our LOC again.
Cameron Marro
Seeking Renovation Advice for My First Investment Property
27 January 2025 | 13 replies
Hey @Cameron MarroPersonal Loan or Line of Credit: If you have decent credit, a personal loan or line of credit could give you access to the cash you need for renovations without using your property as collateral.
Paige Corsello
Commercial Deals as an LO
26 January 2025 | 5 replies
If he has a $5MM loan in place, what was that used for / is it coming due/ was it short term/ etc.?
Kathy Creighton-Smith
LoanBidz lending reviews
23 January 2025 | 15 replies
Kathy, check out Anchor Loans as a comparable.
Sarp Ka
Cheapest way to make a cash offer???
22 January 2025 | 14 replies
Even 600k loan at 10% interest costs $165 a day.