Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
SLS and Lakeview manage troubled loans.
Matt Meier
Seeking Short-Term Financing Options for Renovation Property
9 January 2025 | 16 replies
Acquiring in cash or with a fix and flip loan.
Jerod Meagher
Credit Union Recommendation - Phoenix
20 January 2025 | 1 reply
I have a great one in Kansas City for over 15 years that I've used multiple times (only auto loans however), but hoping to branch out locally as I begin my investor journey in Arizona.
Darien Hernandez
Private Lenders: What Returns Do You Expect on 1st Lien Owner-Financed Deals?
16 January 2025 | 5 replies
I just re-read and realized you're talking about getting loans for lien position 2, is that correct?
Summer Shelton
Income from property considered when applying for loan as primary residence
11 January 2025 | 8 replies
@Summer Shelton yes, FHA loans do allow this but make sure you speak with your lender about some of the trip ups from these loans.
Priscilla C.
Best Loan types for short term rentals
29 December 2024 | 10 replies
Since you will be renting it out you should get a conventional loan.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
19 January 2025 | 8 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Arshiya Taami
what are some well known firms that offer bridge loans?
27 December 2024 | 8 replies
Quote from @Arshiya Taami: I am planning on purchasing a profitable business with its real estate included in florida and the dscr is 1.85. the problem is im just short of 600k for the down payment. that being said, can anyone provide me any reputable loan companies that will offer bridge loans and what their requirements are. thank you in advance!
Kenneth Joseph Perfido
Should I Pay Off My VA Loan Quickly or Keep Leveraging Debt?
23 January 2025 | 5 replies
Context:I’m seeking advice from those experienced in real estate investing and financial freedom strategies.I recently bought a multi-family property in Newport, RI, using my VA loan for $695K.
Spencer Elliott
Keeping Land Loan separate from site prep and home loan
2 January 2025 | 2 replies
Is it possible to keep my land loan out of it to keep the total cost low?