Simply doesn't make any sense.I have seen these guys typically have a hard money loan of $600k recorded, which translate to about $150/sqft. and that typically would also include their 'GC fee' already.

To obtain a loan with little credit, consider DSCR loans, FHA loans, co-signers, and credit unions.

AND, an even more powerful strategy to implement in today's market is to target homes for sale that have a FHA, VA or USDA loan because these loans are ASSUMABLE!  

In this method, the buyer makes regular payments to the seller over a set period and then makes a large final payment (balloon payment) to complete the purchase 

Looking to invest in the Atlanta area for the year 2024.  Thinking of starting in whole sailing and move on to other way of investing.

Hello,I am working on a project for which I wanted to get some information about the Loan Origination process.

We used the VA loan and got into it for 0 down.

The buyer has secured a loan for $3.0m for the deal.

The Theory is this:(Quoted from VA.org: Those who apply for a VA mortgage with another veteran (a VA “joint loan”) may be permitted extra units for business purposes, which means your multi-unit property could have more than four units.

Start your first house hack by educating yourself, defining your criteria, and getting pre-approved for a loan.