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28 January 2025 | 7 replies
Any referrals or recommendations for good and qualified brokers, sellers, property management companies, loan brokers, insurance brokers, mortgage brokers, contractors, etc.
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20 January 2025 | 242 replies
It was 50K loan for 6 months at 20% interest.
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2 February 2025 | 0 replies
Second home loan , conventional How did you add value to the deal?
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22 January 2025 | 6 replies
If the interest rates go up to around 7% again do the numbers still work for the remainder of the loan?
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8 February 2025 | 1 reply
Having owned property in rockford its not a great appreciation area so getting a HELOC will probably take 5-10 years based on loan pay down and maybe some slight appreciation.
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22 January 2025 | 7 replies
Similar to what Patrick stated - most have ITINs and have seen a lot of loans like that and those are sold many times on secondary market. if not I know people who still originate I would say they are tougher to sell on secondary market but there are still buyersRe: jay comment - price of notes has doubled over past five years on many loans - especially defaulted or loans with some hair too them.
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7 February 2025 | 5 replies
What type of loan are you looking to get into?
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20 January 2025 | 23 replies
Quote from @Timothy Hero: I've brokered over 325 DSCR loans.
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3 February 2025 | 47 replies
I then found 3 properties from wholesalers in areas that I invest in regularly and purchased the properties with a hard money loan.
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26 January 2025 | 0 replies
I financed this deal on a 30yr conventional loan and I put 11,000 down with a 6.625% interest rate.