
19 August 2024 | 4 replies
Make sure you ask about their draw process for any renovation holdback.

19 August 2024 | 14 replies
@Linda West it is United Wholesale Mortgage, which you gain access to through a mortgage broker.To answer your original question, I like Navy Federal for the long draw period of 20 years, followed by repayment period.

20 August 2024 | 8 replies
@Adaze Foltz Benefits:Direct to the source; more control over the receipt of the funds (initial and any rehab draws); able to not just establish a relationship, but also perhaps gain referrals of other private lending sources (those that are happy with the returns and payoffs - talk (boast) to their friends); faster to the table; can negotiate the terms (rate, when payments are made, other fees and when they are paid, etc.); usually nothing reported to credit bureaus.Risks:Using up the private sources money (tapping them out); The private lender didn't receive their payoffs on other loans as anticipated so they are short of funding your deal(s).

19 August 2024 | 18 replies
Too many variables to pin down a number.

21 August 2024 | 7 replies
S-Corp's requires a payroll which can be a PITA to comply with compared to owners draw, or distributions.

19 August 2024 | 2 replies
I learned to be very clear about who I wanted to draw and focus on getting people who shared my investment goals.

19 August 2024 | 0 replies
What draws people to Las Vegas?

18 August 2024 | 3 replies
So borrowers need to qualify for the full draw amount with current investment property interest rates of near 12-13%.

19 August 2024 | 6 replies
It's easy to draw out but it's not easy when you want to change your numbers since one thing effects the other.I'm trying to find something where you can put your first rental at the top, type in it's cash flow and keep working your way down as you acquire more properties.

20 August 2024 | 16 replies
These can be big draws for guests.Good luck out there!