David Naphy
Cash out Refi or wait
23 January 2025 | 7 replies
@David Naphy With a strong credit score you can do better than 8% on a DSCR based cash out refi today.
Vidit Maini
Starting my small business
2 January 2025 | 14 replies
Your best advice would come, for a Tax Advisor NOT a Tax Preparer (CPA).
Andria Kobylinski
Boutique Hotel Investing - Financing
21 January 2025 | 15 replies
We also got over 100K in credits for repairs.It was a killer deal.
Conor Neville
When to approve tenants?
22 January 2025 | 7 replies
You definitely want to use a thorough screening method like rentprep.com that gets their income, credit, background check, and call at least 3 references (make sure to verify them by address/job and then their name).
Angel Perez
Can I get a loan for a property uninhabitable?
21 January 2025 | 11 replies
What is your credit score?
Fara Heath
Best way to finance this deal?
10 January 2025 | 1 reply
Most of the lenders I work with (provided you have experience and a credit score over 660) would do up to 85% of the purchase price and up to 100% of the rehab costs, provided this doesn't exceed 75% of the ARV.As for the idea of selling the land, great idea.
Torrean Edwards
Stepping out on faith, but looking for support/advice
20 January 2025 | 18 replies
To answer your questions here though:Alternative options - I was going to sell all my stocks and etfs, take out a HELOC, and some credit cards to try to shoestring together enough to the deal without a hard money loan.
Roman Balmakov
Should I Buy a Cashflowing Multi-Family That has Permit Issues?
17 January 2025 | 7 replies
Alternatively, if the bank ( assuming there is a bank) is fine with it, you could negotiate a credit and escrow the funds to be released after you do it yourself.
Ken M.
Pro Tip on Subject To - Subto
17 January 2025 | 4 replies
For a $300,000 property it could be $30,000.Then, do you have that much cash or credit available to you, in the event of a Due on Sale call?
Zach Fulton
Looking for some guidance on a portfolio Refi.
28 December 2024 | 3 replies
That way, you might preserve some of your monthly profit while still knocking out that line of credit.