Marshal Butterfield
New Member Introduction
15 January 2025 | 9 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Nathan Frost
Vacation Home Loan 5% down
20 December 2024 | 9 replies
Does anyone know anyone that does 5% for a vacation home loan?
Griffin Brenseke
Sell or hold an investment property (4.75% rate)
13 January 2025 | 7 replies
I bought a 3/2.00 home in Tampa, FL in April 2022 for $245k at a 4.75% interest rate, I still owe $210K on the loan, my RE agent thinks it could sell for $280k ($70k in equity).
Kyle Trotman
75% Refinance Lenders?
7 January 2025 | 8 replies
@Kyle Trotman If you purchased with a hard money loan conventional lenders will require extensive seasoning to utilize the new appraised value for cash out.
Helena Goyvaerts
BRRRR - Experiences with the refinancing part for non US-citizens?
6 January 2025 | 10 replies
For "Foreign Borrowers" your loans are very limited.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
26 January 2025 | 51 replies
It looks like "Good Egg" is simply an Entity that collates funds, and then invests those funds on your behalf with the actual sponsors/general partners that actually purchase the properties, get the loans, manage the properties and distribute the funds.
Nick Rivers
How to become an expert underwriting deals?
19 January 2025 | 11 replies
Or put in your interest rate here, and your loan balance there.The art is where I think most people struggle, and I don't think this can really be done without real world knowledge.
Joe S.
Is promoting buying rentals due to a conflict of interest?
1 February 2025 | 18 replies
.: Quote from @Basit Siddiqi: I think it lies in that a lot of service providers in the real estate space are incentivized(money wise) to promote thier business.Real Estate agents are a small business, the more clients they have, the more money they make.Property managers are a small business, the more clients they have, the more money they make.Lenders, correct me if im wrong, are tied to some sort of bonus structure, the more loans they generate, the more money they make.More promotion leads to more awareness which leads to more money With all do respect I think REA's are commissioned sales people.
Dave Schimmels
Investment for beginner
15 January 2025 | 6 replies
Most lenders I work with would lend you 70%-75% of the value of the property, but only so much that your NOI/profit is 20%-25% of the monthly loan payment.
Grant Shipman
How Co-Living Can Help You Get Started Earlier, Faster, & Better!
31 January 2025 | 2 replies
Co-living is how I went from renting a room, Delivering Dominos, no savings, and not being able to qualify for a loan to financial freedom & a $2M net worth in 15 months.