Maya Gorski
Loan Minimums in New York
9 January 2021 | 12 replies
If you exhaust those routes, then you may be looking at obtaining private money from an individual lender, using your own cash to finance the project, or moving onto a different project with more significant amounts involved.Firstly, why are those loan minimums in place?
Nicole S.
Lend Money to Investor?
17 July 2016 | 12 replies
If Nicole's question was about one of many deals she is doing, which it does not appear, than this is a different story and perhaps she could withstand the blow.
William S.
Can you find a four-plex in OP, Plaza, Westport, Brookside?
28 March 2019 | 6 replies
Your best bet is to try driving for dollars if you have already exhausted other possible lead generation outlets, i.e online sites like ListSource, consulting County/Public Records etc.
Amos Raymond
Gimme the Loot - What about Hard Money or Line of Credit funding?
1 January 2023 | 7 replies
.;- Experience (# of investment properties sold, or comparable projects completed within a given timeframe, like the last 3 years)- Credit score (generally the higher the score, the lower the rate available)- Leverage (LTC/LTV - generally the higher the leverage, the higher the rate)The above list is by no means exhaustive, and the elements will vary by lender.With that said, typical short-term HML interest rates right now are likely to be somewhere between the high single digits, like 9%, and the mid 10's, like 14-15%.Also, HMLs typically charge a couple of origination points.(3) Lastly, are there other recommendations from the BP brain-trust that are all welcomed and thanks in advance?
Sam Booth
Debt Service Loans DSCR
23 June 2022 | 6 replies
I'm biased toward brokers because I am one.Reaching out to several DSCR lenders will be exhausting, could damage your credit score because of multiple credit pulls and subsequently cause you to get a higher rate/lower ltv on your loan.
Jeremy Lo
Am I being hussled?
3 August 2023 | 14 replies
Again, my property managers insisted on drawing funds from rental proceeds.This disagreement went on for weeks.Our property managers did eventually contact our warranty company, but whatever was said caused our warranty claim to be denied which meant I was stuck with the bill.Out of pure exhaustion I gave up and allowed our property managers to deduct from rental proceeds who's attitude all of a sudden changed and stopped being argumentative.
Danny Day
Tiny home development
21 January 2021 | 66 replies
The office manager told us they have exhausted the market for people who will set up technically "illegal" housing in their back yard.2.
Paul Munly
Portland, OR Landlords -- Please Take Note
27 October 2017 | 66 replies
No lien against the property would get attached unless all other options were exhausted, and that would make the least amount of sense for both partys.
Jim Y.
What wholesalers?
9 September 2016 | 74 replies
Wow, This post was exhausting and I was debating if I'd even respond, as the temperature of the conversation is condescending and argumentative which eliminates any chance of a resourceful conversation...
Dominic Pizzi
Hot/Growing Real Estate Markets for Investment Real Estate
7 November 2022 | 28 replies
Oklahoma City is a quiet market with small ticks in appreciation (2020-2021 not withstanding) and a stable tenant and employment base.