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20 February 2025 | 5 replies
The top three expenses in a flip are the rehab costs, lender fees, and sales commissions.
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20 February 2025 | 2 replies
The comparable is house in Uptown Harrisburg on N 4th St. a few doors down that just sold for $97k on 1/31/25.
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27 January 2025 | 8 replies
.: Top 25 "hard money" lenders (Philadelphia loans only) by volume.1.
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12 February 2025 | 17 replies
To find value on residential 1-4 unit properties you could ask your realtor to run comps or complete a CMA(Comparative Market Analysis) on a subject property once you find it.or you can find the value on your own.We use prop stream to run comps.
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17 February 2025 | 21 replies
Have you considered becoming a private lender?
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12 February 2025 | 6 replies
I've got about 7k in an emergency savings account.I am in the process of getting several mortgage pre-approvals to compare fees and get an idea of how much home I can realistically afford.I have yet to find a buyer's agent/investor to help me identify potential homes but will start on that shortly.Ideally, I would like to buy a single family home.
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27 January 2025 | 5 replies
@Lulu LueHUD has 2 online databases of lenders showing which ones have the most experience with 203k's.
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6 February 2025 | 9 replies
Folks say use a local lender.
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13 February 2025 | 8 replies
Using a Whole Life Insurance (WLI) loan avoids banks but accrues interest, potentially reducing policy benefits—compare this with other financing options like HELOC or seller financing.
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20 January 2025 | 31 replies
Over time, I’ve accumulated more cash reserves and don’t need as much flexibility, but I’m actually in the middle of a refinance right now using an interest-only mortgage—because the pricing with the lender and the corresponding ARM is more favorable than a comparable principal-and-interest loan.The key with these alternative or "exotic" mortgage types is that you need to be financially savvy and have a solid plan.