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19 February 2025 | 0 replies
Went on to purchase additional rentals so tenants can pay down the loan and I build equity How did you find this deal and how did you negotiate it?
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17 February 2025 | 4 replies
It’s a beautiful old house and would be a real gem if it was restored, but I don’t have the funds or a credit score good enough to get a loan that big (without an insane amount of interest tacked on).I’m hoping to turn someone on to it who loves restoring old properties, or start investing in a group that does and tell them about my house and invest as a team.
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10 February 2025 | 3 replies
Some lenders do a periodic search of ownership records of all properties in their loan portfolio.
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11 February 2025 | 29 replies
Last property I bought had 8-9 offers.New York has a lot of downpayment assistance grants and loans.
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6 February 2025 | 2 replies
Credit pulls for the same type of loan within a short window (usually 14-45 days) are treated as one inquiry, so your score should be fine.
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11 February 2025 | 4 replies
There are some HOA's that are in such bad shape they wont allow any type of loans and it must be a cash purchase.
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20 February 2025 | 3 replies
We buy defaulted loans and deal with this all the time.
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18 February 2025 | 8 replies
I have multiple lenders that can do 100% financing for your short-term rehab loans and long-term DSCR cash-out loan options to refinance and hold the property once it has been rehabbed.
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24 February 2025 | 9 replies
I inherited 5.6% of a commercial property that is worth approximately $27m with $11m remaining on a loan.
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10 February 2025 | 6 replies
Here in the USA you need what's called a "construction loan" and it's also very hard to find a company that will insure you if you're a newbie.