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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.
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8 July 2024 | 1 reply
We recently moved a property into our LLC from a business partners personal loan.
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5 July 2024 | 3 replies
I have not worked with anyone who does DSCR loans.
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5 July 2024 | 8 replies
Lender Information: - Company: Loan Direct LTD - Loan Officer: James Baldwin2.
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8 July 2024 | 0 replies
I was thinking I would need to get a hard money loan to cover that, and it would eat up most of the rest of the cashflow and then I would look to refinance within a year or two.
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8 July 2024 | 3 replies
Back in Washington where we fix & flipped properties I did anything from general contracting from demo to finishing touches, managed project budgets & timelines to stay within our projections and SOW, raised capital for down payment on hard money loans, interest on loans and rehabs, worked with my hands (best at flooring, trim, caulk, cabinets, fences, punch list items) and was the real estate agent for acquiring and selling our flips.
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8 July 2024 | 20 replies
This also serves another purpose, banks require a PSF to approve you for commercial loans hence having this document completed aids in your ability to be approved for loans promptly.
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8 July 2024 | 27 replies
I heard using my own name is easier to get approved for loan and having lower rate.
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10 July 2024 | 87 replies
My hope would be that we can somehow get your fees into the closing costs or wrapped into the loan so that lower income buyers can still afford good representation.