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30 January 2025 | 4 replies
However, many lenders offer only the 7A, so you'll have to shop around.
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2 February 2025 | 6 replies
Let me know if you’d like insights on specific neighborhoods, market data, or connections to local property managers and lenders—I’d be happy to help!
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20 January 2025 | 1 reply
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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4 February 2025 | 9 replies
And they'll want you to pay off the loan pretty soon (and usually will you as the rate will probably be higher than banks) so there's that too.For this reason, we definitely prefer private lenders as they will (if you've built trust with them) often lend on the rehab too.
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20 January 2025 | 19 replies
Are you willing to reject several potential tenants until you find the right fit (I doubt it given how you were always talking about how busy you were)?
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17 January 2025 | 4 replies
Do you mind sharing the name of that type of loan/lender that allows you to have the seller carry on a second position?
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9 February 2025 | 33 replies
Also find a good lender that is well versed in STR/MTR loans to make sure you qualify for financing (if you need it) and that they can execute the loan smoothly
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22 January 2025 | 6 replies
Any lender should be able to easily do a HELOC for you (provided your credit is OK), but a local credit union will likely give you the best deal.
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15 January 2025 | 13 replies
or market to Lenders for refi's ?
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18 January 2025 | 8 replies
Maybe they are offering financing because no traditional lender will lend on the building.