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12 January 2019 | 2 replies
Would it be difficult to owner finance land and build complex on it with private/hard money/ bridge and then refi out land owner?
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22 December 2023 | 2 replies
We therefore would need to borrow Y as a hard money/bridge loan to afford anything.
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7 March 2023 | 7 replies
We do it every day so it can be done with non conventional products/bridge loans etc. but you just have to have your plan in place.
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12 March 2023 | 10 replies
We do it every day so it can be done with non conventional products/bridge loans etc. but you just have to have your plan in place.
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14 November 2021 | 11 replies
But debating negative cashflow and calling ourselves investors is just a bridge too far for me.
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9 March 2023 | 2 replies
Im right across the bridge, I couldnt find any good one either, so I ended up just going with HR Block.
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27 May 2022 | 10 replies
Short Term bridge loans have been very steady.
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26 December 2023 | 12 replies
Is there a recommended lender that can provide a bridge loan, not based on credit or income, so I can finish renovating my triplex?
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25 December 2023 | 6 replies
Just a couple of active investors.Fees you can expect:Appraisal: 600 - 7002 points: 2 points is fair and most brokers have a 1 point program with their lender and if a new person went to a lender directly the loan officer would sell you on 2 points anyway.UW Fee/Processing Fee: Expect about 1,500 here between the twoTitle Fee: Expect 900 - 1200 here for all the title work involvedInsurance: Most loans require the policy paid at closing, I do know one that will allow monthly payments which is crazy, LOL.Holding Costs: Figure on making 4 - 6 payments on bridge loans to be safe6% RE fee on sale: Deduct 6% of the sale price for the RE fees on the sale
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20 September 2023 | 20 replies
On the other hand, I want to be patient and not buying at the top of the market cycle.Is eastern shore of MD like past the Bay Bridge?