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7 February 2025 | 14 replies
Hey Grace I may be able to point you in the right direction for DSCR lenders and some solid property managers in Ohio.
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5 February 2025 | 35 replies
It’s not easy finding the right deal, and takes quite a bit of time.
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9 February 2025 | 173 replies
To be direct, I give this same advice to investors who ultimately realize they want to be passive.
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23 January 2025 | 45 replies
What's the last deal you found in Newburyport?
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16 January 2025 | 40 replies
People looking to book may see that it is a brand account and look up the brand, then book direct.
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9 January 2025 | 16 replies
@Jacob Morgenstern I'd love the opportunity to show this to you in action on your next deal.
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5 February 2025 | 16 replies
The great part about contacting the CDC directly (and a large one such as TMC) is they can make referrals to banks that would be interested in your project (i.e. banks that have been actively doing SBA hotel loans)...rather than you having to chase down the bank first, which can be very difficult.Regular commercial lending requirements are applicable (will vary by bank):1 - no bankruptcies2 - no foreclosures3 - FICO > 7004 - net worth >= loan amount5 - post closing liquidity >= 12 months of P&IIf this works out, you are going to be glad that you made this post.
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29 January 2025 | 10 replies
@Zachary Deal got it!
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19 January 2025 | 56 replies
Although most such fund operators only deal with accredited investors directly, you may also be able to find some among the crowdfunding sites.
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21 January 2025 | 15 replies
Note, this is from direct experience.It might be wise to also consider selling since home prices are slightly up in the past 2 years.