Ryan Johnson
Brainstorming ideas for settings and
27 July 2010 | 9 replies
When you work with individuals, you are in control, when you work with other lending conduits, they are in control and you are begging for a loan.
Samuel Turner
Texas BRRRR to LLC or not?
24 January 2016 | 10 replies
Once you have a portfolio of properties that have established their own credit worthiness (via your Management LLC) you can look for conduit loans that are non-recourse.
Peace Lily
Electrician wants to get paid before the job completion!!!
22 October 2017 | 97 replies
They just check the conduits and boxes?
Fredrik Kaarem
Former poker player, very new at real estate
28 February 2018 | 18 replies
These folks will be your best conduit to banking and investment relationships.
Jimmy Martz
Mobile Home in El Reno, Oklahoma
6 October 2016 | 10 replies
The wiring was a piece of indoor cable (no conduit) that came down through the floor of the home, under a hay bale (there was no skirt), and then to the outside unit.
Andrew Hargreave
New to REI from far South-West Chicago Suburbs.
31 December 2016 | 18 replies
So, I'll hire plumbers and HVAC people to get the advantages of their skill and experience and "buy my time back".I can design circuits and pull wire, but not much good at bending conduit.
John Ellis
Finding Buyers for Flipped Properties: Questions for Flippers/Investors
31 December 2012 | 8 replies
Again, it's not hard to find qualified buyers prior to your rehabs being complete, but they'll generally come through real estate agents, who are the primary conduit for qualified buyers in today's market.
Andy Crooks
Refinancing a 6 unit
27 August 2017 | 3 replies
Depending the value of the project you could possible get into a conduit loan which could give you 10 test interest only on a 30 test amortization schedule which would yield a lower monthly plus 75% cash out.
Tom Seccafico
Having Trouble Refinancing
7 June 2016 | 7 replies
You can do a bank search here by city, state, zip code etc.https://research.fdic.gov/bankfind/You can also call credit unions as some have really good programs for commercial right now.There are non-bank lending sources as well depending on the deal size such as insurance companies, conduit, CMBS, hedge fund, ultra high net worth lenders, etc.The question becomes do you want to do this yourself and not pay a mortgage broker generally a 1% fee of the loan amount at closing but spend a lot of time doing it or call up some well connected local commercial mortgage brokers who should find a good loan at a good rate.Often times lenders will give better rates to mortgage brokers as they are repeat business for the bank versus a one off type transaction if you call them directly.
Michael Wentzel
Buy, Rehab, Refinance & Hold
11 August 2016 | 25 replies
Buy, Rehab, Refinance & Hold = you are conduit for the bank to make money.