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10 December 2024 | 11 replies
Its a tough subject because logically, they are joint and several guarantys so rationally a 100% guaranty from each of two people (one 740 one 680 for example) is ALWAYS going to be better than just one 100% guaranty from someone at 740 (so it wouldn't make sense to have a better rate for the latter)The problem is that there is fraud and "straw borrowers" out there where someone who is not involved in the property signs on to boost score and terms - so many DSCR Lenders in response either do the "non-rational" thing and price to the lower to avoid the fraud or use the higher of the two (and either be a little loose with things or just stay vigilant on any funny business)
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10 December 2024 | 8 replies
It can be tough to make money with high leverage, especially if market conditions change.
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5 December 2024 | 17 replies
In my experience, most lenders cap at 75% LTV, and even then, it can be tough to pull out enough equity to get meaningful cash at closing.That said, I’ve noticed a lot of investors, myself included, facing cash crunches lately.
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14 December 2024 | 101 replies
There is also the lending field which is quite lucrative if your more into financecommercial real estate if some day you want to be doing bigger deals and making 6 figure commissions checks.. etc etc.to try to start your business as a flipper or wholesaler is tough and it has a 95% failure rate being that it appeals to the mass's of which many frankly don't have the skills to succeed or the financing behind them.OR converselyMake money at your chosen profession save and buy and hold.. buy the best you can hold for long term.. same with buying securities .
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7 December 2024 | 5 replies
I haven't found the one yet, its a tough market from what i've been seeing the last few months.
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2 December 2024 | 5 replies
Call the sec8 case worker and tell them what your doing with the bedroom.
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2 December 2024 | 3 replies
The only reason I knew they had scheduled their closing date is because I texted that several workers would be out to give me estimates for yard work.
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14 December 2024 | 36 replies
As far as what you are asking, it will be very tough, and probably impossible.
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5 December 2024 | 2 replies
However, the approval process can be pretty tough, especially if you're working on a larger project or have a shorter timeline.Private Lenders: These options are typically much faster and more flexible, which is key when scaling development projects.
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11 December 2024 | 101 replies
Tens of millions of foreign tourists, digital nomads, remote workers, snowbirds and business travel to Mexico each year.