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.
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.
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
Kenneth Johnson
Literally any advice to getting started would be appreciated.
18 November 2024 | 12 replies
There is >5% down loan programs to get you in the door.
Kevin Hilton
Down Payment on Next Property Advice
18 November 2024 | 13 replies
I would say 90 percent of all homes in the outer banks are in a str program of some sort.
Bill Schrimpf
BP Featured Agent Program
5 November 2024 | 52 replies
Are there any other agents or investors using the Featured Agent program?
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.
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.
Theresa Rivard
Dscr loan Co-signer
13 November 2024 | 34 replies
This criteria is for 1-4 and 5-8 unit programs.
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
But that stupid program shows I have 0 BTC after installing the app.