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21 November 2024 | 8 replies
Quote from @Brandon Croucier: We have a direct product that does portfolio/blanket loans, even if the properties are out of state .How many properties are in the bundle?
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25 November 2024 | 36 replies
Two business days after that I get an email saying they received my info and will pass it along to the "product team" to process the request.Later that day I get another email asking me to verify my identity again.
22 November 2024 | 2 replies
Thanks for input - He's insisting that because it's a DSCR loan, and because the size of the deal is too small to go into their "Portfolio Loan" product, that it has to be two separate loans.
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22 November 2024 | 10 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.
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21 November 2024 | 10 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.
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23 November 2024 | 38 replies
Pick them based of production there bio back group etc.
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23 November 2024 | 10 replies
I don't agree with your lender that you have to live in the property if you are using a conventional loan, but depends on what product they are giving you, maybe a work around for that.I would not purchase based solely on what income you can derive from STR.
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21 November 2024 | 23 replies
I've even heard of GCs using auction type settings for returned items at Home Depot and Lowes for steep discounts.I've learned a lot about the GC game as I was up close to over 40 projects last two years and some went well and some did not and when they did not it was all Contractor related.If a GC isn't sourcing cheap materials at the same time milking the hell out of his 150-200 per day workers, then you can find yourself eating into your margins real fast.
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21 November 2024 | 16 replies
You can certainly buy the property in the name of the LLC but you'll have to use a DSCR product which will have an interest rate that's 1% higher than conventional.
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21 November 2024 | 8 replies
Is there a combination of lending products and tactics you see that can make it possible to refinance after possibly 2 years and get out a large enough portion of funds to use towards the downpayment on another property?