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Results (8,795+)
Marty Boardman What's the more valuable skill, finding deals or finding the money to close deals?
17 June 2024 | 19 replies
I would rather disappoint an investor by not funding than burn bridges.    
Phillip Rosin Can I get a DSCR loan on a property that is livable but needs rehab from flooding?
14 June 2024 | 7 replies
You can get a bridge loan (nice way of saying hard money) for the renovations and then, once all is back to normal, you can get a DSCR or other type of permanent financing done, but I don't know of any permanent financing scenario for an investment property that would allow the property to be in that state. 
Cory J Thornton Is the need for affordable housing creating new markets?
18 June 2024 | 83 replies
Also people that can't live in east palo alto/livermore they move to central valley, that itself is also causing price to rise. yes simply cross the bridge from Singapore to Malaysia and you will encounter the same situation.
Dan Powers Havertown Flip Project
14 June 2024 | 0 replies
This deal was financing through Sherman Bridge Lending.
Qiu Jennifer Can landlord change lease term from annual to month2month?
14 June 2024 | 10 replies
If I have to boot someone I'll have it re-rented for more money in a week and the person getting booted will probably be living under the bridge as they won't find anything as cheap as me. 
Jeff Neikrie Investor approaching the Detroit market, looking to build my core four
15 June 2024 | 15 replies
Detroit is also seeing the expansion of our international trade activity via the two new bridge routes to Canada. 
George Tesfa Explaining different types of commercial loans
12 June 2024 | 3 replies
These loans are structured with a combination of a first mortgage from a conventional lender (typically covering 50% of the project costs), a second mortgage from a Certified Development Company (CDC) backed by the SBA (covering 40% of the costs), and a down payment from the borrower (typically 10%).Bridge Loans: Bridge loans are short-term financing solutions used to "bridge" the gap between the purchase of a new property and the sale of an existing property or the availability of permanent financing.
Amanuel Gebrelibanos What are the ways to reduce putting down payment amount?
12 June 2024 | 9 replies
For example, we can do as low as 15% down on multifamily bridge loans.If you plan to refinance you will likely need to keep at least 20% equity in the property if not more, though if you're creating value through a rehab, you may be able to pull out all of your initial down payment and more.
Kayl Kam Out of state STR
13 June 2024 | 10 replies
It could be pool/sauna, it could be game room/pickleball, it could be pets and baby friendly.If you are thinking of doing it from afar and have never done it before, you might want to investigate MTR as a healthy bridge opportunity where you can spend less money on furnishings and get longer stay tenants.
Derek Morrison Cash purchase then mortgage
11 June 2024 | 5 replies
If you take a high rate, interest only bridge loan, you need to have a solid exit or you will pay tons in interest.