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6 February 2025 | 29 replies
They are a legit lender, we have bought loans from them.
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18 February 2025 | 35 replies
closest I saw that happen ( nobody buying) was 08 to 2011.. when investor loans left the building ..
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10 February 2025 | 8 replies
If you're worried about cashflow, why would you do a 15 year loan with a higher payment -> meaning negative cashflow?
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10 February 2025 | 11 replies
Get it under agreement for less than asking price and offer to bring the loan current and have them carry that loan.The way I see it is they are just getting MLS properties under agreement - the last five I looked at had been sitting on the market for more than 150 days (overpriced) because the payoff of the loan would not be satisfied at lower price point.
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20 February 2025 | 0 replies
Private Loan How did you add value to the deal?
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11 February 2025 | 10 replies
This is an Interest only loan product that typically lends at 65% ARV.
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13 February 2025 | 3 replies
It started as an FHA loan but had to switch to conventional.
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21 February 2025 | 1 reply
Do all your due diligence upfront (see if you can get an inspection done before submitting an offer)On the lending side a DSCR loan is an option.
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23 February 2025 | 5 replies
Also you're probably not really paying much off on principal on a fairly new loan.
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11 February 2025 | 21 replies
@Richard Schubert can you get a 401k loan?