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4 February 2025 | 11 replies
Conventional financing requires that you have a SSN, Permanent Residency in the US, and a US credit score.
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28 January 2025 | 4 replies
My client had some things come up that prevented her from executing, but these were some of the options I had put together for her, a regional bank, a regional CU, and a national bank.Reminder that NOI sizes CRE debt, and that's often what determines the down payment requirement, not anything to do with the client or particular lender, just the property itself.
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4 February 2025 | 7 replies
For example, two of my goals are to achieve a certain percentage for my IRR (internal rate of return), and a certain % for my cash on cash return.
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7 February 2025 | 11 replies
Documentation Needed – Lenders typically require lease agreements, property income statements, and a minimum DSCR (usually 1.1–1.25).
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30 January 2025 | 13 replies
It's probably going to mean paying points at closing, a high rate, and a serious pre-payment penalty (like 5 years).
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5 February 2025 | 205 replies
You're right, we're a resilient city and a lot of neighbors helping neighbors.
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18 January 2025 | 8 replies
And a lot of old school GCs may not have the ability to take a CC and may not care to learn how to...Main question is: why do you want to do this?
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3 February 2025 | 5 replies
It’s an interesting approach, but ensuring a strong screening process and a legally solid agreement is key.
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22 January 2025 | 0 replies
This seamless transaction capitalized on strategic market insight and a prime opportunity.
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17 January 2025 | 8 replies
Quote from @Edward James smith: Hello, I currently own a single family house with an ADU, and a duplex.