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20 February 2025 | 3 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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12 February 2025 | 6 replies
I often work with Ethan Gao who is also a lender has an office in Katy.
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1 February 2025 | 3 replies
Quote from @Samuel Coronado: Quote from @Jordan Moorhead: You can use local banks and there are national lenders.
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4 February 2025 | 11 replies
up to 20% DSCR through lenders I deal with
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12 February 2025 | 5 replies
They are a portfolio lender.
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15 February 2025 | 11 replies
At this point you would be the owner and thus responsible for managing the property yourself or hiring a property manager to get the property rented (if it isn't already).Then after an agreed upon period of time (probably after your collection falls off and your credit score improves), then you can refinance the loan with another lender (like a bank, credit union, or HML) and payoff your family member.Thank you so much for your reply!
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19 February 2025 | 23 replies
There are lenders who will do 15% down, but the terms will make the loan impractical in the vast majority of cases.
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10 February 2025 | 3 replies
Lenders or investors who have short lock up periods but have years of experience feeding their business with new capital would give me more comfort but anyone who is just starting and is promising a rate of return or return of capital in a set period of time would be alarming because they very well could be reliant on fresh capital to make good on that promise and that usually ends poorly.
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14 January 2025 | 4 replies
Also, if this is something that you are looking for in a hard money lender, you might want to look into more of a private money lending model verse anything else.
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8 February 2025 | 9 replies
@Juliann Morala Yep, a buyers agent that works exclusively with investors will have all the info you need and lots of options on contractors, lenders, attorneys, inspectors, property managers.