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17 January 2025 | 37 replies
They were the most inept, un-alert, unorganized team I've ever seen.
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11 February 2025 | 4 replies
Based on my research, several lenders stand out, but I’d appreciate firsthand experiences.Key Considerations:Loan Terms: Fixed rates up to 35 years, interest-only periods (e.g., 10-year interest-only options), and non-recourse structures.Competitive Rates: Recent transactions show rates ranging from 2.69% to 4.65% depending on LTV (55%–80%) and property type.Lender Specialization: Some lenders excel in specific areas:Greystone and Walker & Dunlop lead in Fannie/Freddie volume and large-scale refinancing.Arbor Realty Trust is praised for smaller-balance loans and flexibility.CREFCOA offers streamlined refinancing with 45–60 day closings and cash-out up to 80% LTV.HUD 223(f) loans provide 35-year fixed terms, ideal for stabilized properties.Questions for the Community:Have you worked with lenders like Greystone, Arbor, or Freddie Mac?
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16 January 2025 | 2 replies
Most mortgage companies will not call loan due if payments are current but you do run that risk and need to be prepared to payoff or refi at a moments notice.
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29 January 2025 | 5 replies
Any city that I'm looking to invest in I always start by looking at population growth.
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24 January 2025 | 17 replies
Hard to say if it’s a good deal without the most important piece of data, what is the fair market value?
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9 February 2025 | 8 replies
I'll be happy to refer your partner whenever there's a client ready to start a project.
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11 February 2025 | 11 replies
@Kylie A.Yes, but have your lenders lined up before you dive in.
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21 January 2025 | 9 replies
We invest in Idaho, probably the most landlord friendly market in the country, had good luck there.
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7 February 2025 | 7 replies
Most of which are tied up in court from 2020.
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6 February 2025 | 2 replies
Foreclosures aren't a super big source of leads though and most end up on the MLS anyways so they many people will see them.