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.
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.
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
Jay Hinrichs
Clayton Morris Portugal exit !
25 November 2024 | 31 replies
I think the Golden Visa program just had some major changes and foreigners are no longer able to apply through a real estate investment.
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.
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.
Theresa Rivard
Dscr loan Co-signer
13 November 2024 | 34 replies
This criteria is for 1-4 and 5-8 unit programs.
Ali Hasan
newbie investor, eager to learn
13 November 2024 | 3 replies
Its also good to know which programs are available and which ones suit you for your REI.You typically want to use the banks money and keep yours in savings or earning you interest.
Amby Bhagtani
Fire in the building
13 November 2024 | 4 replies
The best option is to put them on a payment program.