Patricia Redsicker
Baltimore City Fix and Flips
14 November 2024 | 13 replies
However, the City initiated the “Buy Into Baltimore” open bid program (which we’re interested in participating) through which you can bid/buy city-owned abandoned/vacant properties for redevelopment/resale.The problem is, there are so many blighted neighborhoods in Baltimore, it’s tough to know where to start.
Jay Hinrichs
How U.S. can lower housing prices? And Could Trump look at Broker model as Broken?
20 November 2024 | 45 replies
Maybe it might be different in your market, but at least here in CA, no real estate agent is going to refer a client slow poke big bank unless it’s specialized bank offering a specific program that caters to the needs to the borrower.
Bill Schrimpf
BP Featured Agent Program
5 November 2024 | 52 replies
Are there any other agents or investors using the Featured Agent program?
Joseph Fenner
How do I find the best deals?
15 November 2024 | 4 replies
Distressed commercial assets, as most good real estate, come from building relationships over years, not from buying a program, getting a good SMS system, and making a flowchart on how to be the best.You are trying to skip the steps that all long-term investors have mastered, knowing other investors and leveraging deal flow between each other because the trust is there.
Bruce Lynn
Everyone wants to buy a foreclosure until they get to see inside the property
1 December 2024 | 134 replies
During a presentation on Lee Arnold's Lien Abatement program they showed us a home in Spokane where a lady had her home taken over by addicts and dealers.
Greg Hoffmann
Advice Regarding All in One Loan?
14 November 2024 | 5 replies
My goals would be to increase monthly cash flow and have more access to the property's equity for things like Cap Ex, etc....Here's a blurb from a lender's website:"By combining banking functionality with home financing into one dynamic instrument, borrowers are able to save tens of thousands of dollars and years off their loan""Designed after popular programs around the world, the All In One First Lien HELOC is the nation’s first transactional offset type-mortgage program.Home financing and banking combined:Deposits lower your loan’s principalFunds remain available for expensesInterest is calculated on the average daily balanceThis lowers the monthly interest paymentsTens of thousands of dollars can be saved over the life of the loanMortgage freedom can be achieved in half the time or less
Rob Bergeron
DSCR loans are cheaper than a traditional 30 year fixed right now.
14 November 2024 | 11 replies
Same scenario, with a 5,5,5,5,5 PPP structure Rate: 7.25% PAR30 Years Fixed I just closed on a DSCR loan at 5.7% last week. 7.25% is insane… On both conventional and DSCR programs you can get any rate you would like.
Brian Joseph OConnor
Seeking DSCR lender to scale my specific long term rental strategy
19 November 2024 | 6 replies
This criteria is for 1-4 and 5-8 unit programs.
Theresa Rivard
Dscr loan Co-signer
13 November 2024 | 34 replies
This criteria is for 1-4 and 5-8 unit programs.
Erol Shashaty
Real estate friendly bank
14 November 2024 | 22 replies
There are foreign national programs with 25% down for single family residences and 30% down for 2-4 units with a $100K loan minimum.