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29 December 2024 | 15 replies
People staying for 30-90 days are a completely different customers than someone in a years lease.
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3 February 2025 | 31 replies
I also invest in other assets such as stocks, and private companies as well.
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9 January 2025 | 16 replies
My mark up is always lower than the direct lender because I don't spend money advertising during the Super Bowl or buying a private jet for my CEO, and we don't have layers of management we need to pay.
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27 January 2025 | 21 replies
Shooting you a private message in a few.
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8 January 2025 | 5 replies
This being said, I don't believe we'll be able to meet the income requirements to qualify for a conventional.This leads me to believe hard money or private lender is more the only option to get my foot in the door, use my business to make repairs at very good rates, build some equity then refi once the balloon is due.
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12 January 2025 | 7 replies
Private lenders or even creating a small syndicate with a group of investors might also be worth exploring, especially since you can point to your uncle’s track record and your own experience managing rentals as a selling point.If timing is tight, you could look into a bridge loan to secure the property while figuring out a more permanent solution.
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10 February 2025 | 62 replies
They would not be offering you a hard money loan (loan based on the hard asset) and instead they are lending to you as a traditional lender with private money.
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9 January 2025 | 30 replies
I have been in many properties where private pay people rented and trashed the place.
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5 January 2025 | 2 replies
I would talk to a number of residential, private, and commercial lenders.