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12 February 2025 | 3 replies
Purchase price: $137,500 ($44,000 in to the property... loan at $101,000)Appraisal: $180,000 ARV: $195,000Est rehab cost: $7,500Scenario #1: 75% LTV cash out refi at 4.25%...
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10 February 2025 | 29 replies
On 5/15, which is after our official termination date of 5/14, I requested next steps on getting funds and clarification on outstanding accounting items.
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11 February 2025 | 5 replies
I see too many investors now, put a significant amount of money in rehab costs and over leverage themselves on hard money loans with low down payments, their properties are not selling and they are lucky to just payoff their current hard money loan via a DSCR refinance.
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16 February 2025 | 2 replies
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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6 February 2025 | 2 replies
We continue to see slight upticks in defaulted loans and loans in bankruptcy.
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6 February 2025 | 9 replies
I plan to utilize some cash, margin loan, 401k loan, and a HELOC as a down payment.My first house hack (now an out of state investment) has a Zestimate of $530K, and I have $266K left on the loan.
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24 February 2025 | 9 replies
I inherited 5.6% of a commercial property that is worth approximately $27m with $11m remaining on a loan.
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6 February 2025 | 29 replies
They are a legit lender, we have bought loans from them.
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1 March 2025 | 4 replies
You need income to qualify for loans, you can learn how to manage rentals well (something most landlords never do), you will figure out which communities/properties make the best investments, can earn an above-average paycheck, and may even find some investment properties before they hit the market.
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14 February 2025 | 2 replies
Your US bank won’t finance in Belize.If you’re talking a loan in Belize.