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21 January 2025 | 18 replies
Quote from @Beth Johnson: We pass all loan servicing charges through to the borrower including set-up fee, monthly fees, and any servicing charges such as payoff demand generation, and loan close out fees.
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23 February 2025 | 42 replies
I agree with others have said, if they can make 24% return, why wouldn't they just borrow at a hard money rate and just make the 24% themselves.
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23 January 2025 | 23 replies
Other members of the LLC are not required to sign as PG.This does not show up on credit, and if the LLC is the borrower and property is owned by the LLC, you do not have to disclose this property on a new mortgage application.
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27 January 2025 | 6 replies
The Capitol region, NJ, and CT are solid choices.
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5 February 2025 | 21 replies
Your choice:1) Because of your failure to prove you have obtained renters insurance upon moving in this is your 5-7-9 (how ever many days required in your market) notice to cure the problem or leave the premises at the end of the month. . 2) Because you have failed to provide prof of renters insurance upon move in a policy will be provided for you starting March 1st through insurance company X at a cost of $xxx.xx.
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25 January 2025 | 5 replies
this is the distinct different between being an actual lender like a bank .. and an investor in a fund.. two very separate transactions.. when you lend and receive collateral on the asset you get paid when it pays off or the borrower refinances etc.
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11 February 2025 | 25 replies
Our two choices were Appfolio and RentVine.
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21 January 2025 | 13 replies
How much money do you have for a down payment for a new rental and how much can you borrow?
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21 January 2025 | 3 replies
I'm looking to borrow around $60k.