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7 February 2025 | 1 reply
My lender will charge an extra 5% just for the risk being undertaken during the build process.
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23 January 2025 | 9 replies
We are direct lenders, meaning we lend our own money, for flips within approximately 1½ hours of our home.We walk through every property to avoid surprises and to confirm the rehab estimate.
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20 January 2025 | 23 replies
I know DSCR lenders typically don't touch them.
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29 December 2024 | 13 replies
@Dan GroveAs a private money lender I agree with Nicholas' sentiment.
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6 February 2025 | 7 replies
Are you using your own money for your flips or do you have a lender/investor that funds your flips?
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22 January 2025 | 7 replies
The bank/lender helps with he remainder of the building and construction costs.
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21 January 2025 | 3 replies
You should ask to speak to the commercial lender at the bank that carries your property's current mortgage.
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23 January 2025 | 3 replies
@Annie DriscollSubsequent borrowing by the AITD holder seems to be dependent on the lender.
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20 January 2025 | 57 replies
Btw, the buyer is in no way at any criminal risk vis a vi the lender, he has no contract with the lender and therefore no obligation to the lender.
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2 February 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?