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28 January 2025 | 9 replies
LTV would be determined by the type of loan.
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6 February 2025 | 4 replies
I am a VA loan specialist with The Veteran Lending Team and a proud Marine Corps veteran.
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26 January 2025 | 54 replies
Mfh is an unfair game because you need a partner to help you with the experience question when getting a commercial loan.
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12 January 2025 | 6 replies
If you're already in a secure financial position, leveraging your equity could be a smart strategy.
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2 February 2025 | 14 replies
Depending on your current rate or if the current loan is short term or long term.
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16 January 2025 | 23 replies
I use a loan servicer who processes the borrowers payment and then sends to me.
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6 February 2025 | 8 replies
A turnover means repairs, painting, cleaning, marketing, vacancy time, and lost rent, so a small discount is often a better financial decision than churning tenants every year.There’s a lot more to consider, but these are some key lessons I’ve learned.
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3 February 2025 | 5 replies
I was thinking a bridge loan might be an option , and then refi it later and pay back the bridge loan, but I'm waiting for lenders to reach back out and run some numbers.
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7 February 2025 | 49 replies
I Joined Jeromes Buying land and building homes program back in 2019Heres my opinion on my experience....First and foremost He offers two different programs. a 6 month program and a 12 month program.BOTH PROGRAMS ARE EXACTLY IDENTICAL THE ONLY DIFFERENCE IS:You can choose to have the weekly mentoring by Jerome once a week for 6 months or 12 months on a zoom call and you can have access to a private networking group of real estate professionals whether that be (realtors, contractors, brokers, Private/Hard money lenders, loaning institutions, Surveyors, Engineers, Zoning Board members in different municipalities, pretty much anyone you would need to get a project completed) for either 6 months or 12 months.6 month program will run you $5,997 if you decide to pay all at onceor you can make a $2,300 payment every 2 months totaling $6,90012 month program will run you $9,997 if you decide to pay all at onceor you can make a $3,000 payment every 3 months totaling $12,000I decided to join the one year program and chose the payment option as i figured within 6-8 months i would have my 1st project completed therefor my last two payments would essentially be covered by the return on investment from that project.PROS:The group is really a family oriented space where you meet a vast variety of people from all types of background throughout the country and other countries that are doing business just like you.
8 February 2025 | 3 replies
Seasoning for conventional loans is 12 months, but DSCR is really competitive right now and YMMV on seasoning for those.