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10 July 2024 | 256 replies
If it were a commercial deal with leverage involved, not one bank would give them a loan.
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8 July 2024 | 3 replies
Keep in mind this property is relatively turnkey with most capital improvements completed within the past 5-7 yearsIn the middle of the month of May, I get a call from my tenants saying that their electricity got cut out and the oven and air conditioner don't work.
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8 July 2024 | 4 replies
In most cases your better off buying with "All Cash" and then you can use a "Delayed financing" program to get up to 80% cash back LTC loan to cost.
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9 July 2024 | 16 replies
Cash, developer financing, gaining citizenship, using a margin loan from an investment account or a heloc on your primary in the US, seller financing, etc. are usually the best options as bank financing with attractive rates and terms usually isn't available like we're used to in the US.
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5 July 2024 | 4 replies
Where can I find a broker that can source out a construction loan for a spec home?
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8 July 2024 | 22 replies
Rates will be lower for a 2nd home loan, but as Michael stated you will have to acknowledge in the loan docs that you will not be renting out the property.
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9 July 2024 | 6 replies
Seller often think "Where will I get the money to loan you?"
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9 July 2024 | 13 replies
Some hard money / private investors have minimal loan amount restrictions.
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11 July 2024 | 24 replies
Best, I'm looking into a bridge loan at the moment, and figured I'd move them to an LLC later.
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8 July 2024 | 15 replies
My plan is to use a first-time buyer's loan program, live in the property for a year, and then turn it into a rental property.