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21 January 2025 | 20 replies
With software like propstream I can even look at seller mortgage details and MLS private remark.Getting license you only know the legality aspect of being an agent but doesn't necessarily means you would be a smarter one to get to know the market.The only thing that I can not do with propstream is I can not download all disclosures when I try to purchase.
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19 December 2024 | 13 replies
with private and HML the deal is done all at once..
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8 January 2025 | 5 replies
This being said, I don't believe we'll be able to meet the income requirements to qualify for a conventional.This leads me to believe hard money or private lender is more the only option to get my foot in the door, use my business to make repairs at very good rates, build some equity then refi once the balloon is due.
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5 January 2025 | 2 replies
I would talk to a number of residential, private, and commercial lenders.
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9 January 2025 | 16 replies
My mark up is always lower than the direct lender because I don't spend money advertising during the Super Bowl or buying a private jet for my CEO, and we don't have layers of management we need to pay.
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18 January 2025 | 15 replies
Depending on your income needs, pulling equity out and lending privately combined with a fulltime or part time job may be another option that doesnt bring as much boom or bust risk as flipping.
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9 January 2025 | 30 replies
I have been in many properties where private pay people rented and trashed the place.
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7 January 2025 | 24 replies
Taxes are private, 1099 are private.
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17 January 2025 | 27 replies
Most out of state investors are better off just acting as private lenders, buying low cost index funds or keeping their money in HYSAs.
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12 January 2025 | 7 replies
Private lenders or even creating a small syndicate with a group of investors might also be worth exploring, especially since you can point to your uncle’s track record and your own experience managing rentals as a selling point.If timing is tight, you could look into a bridge loan to secure the property while figuring out a more permanent solution.