
12 June 2024 | 7 replies
You can look into getting a portfolio loan - but most lenders will require that each door has a value of atleast $75K.

10 June 2024 | 15 replies
My husband and are under contract on a great 2 flat with illegal basement unit off of Logan Blvd in a desirable location in Logan Square with a lot of rental demand.

11 June 2024 | 1 reply
The loan remains in the name of the borrower.An official assumption means that you are applying for the loan with the bank and must meet all of the underwriting requirements.

10 June 2024 | 2 replies
For example, if the brick property is located in an area with high crime and other factors that make the area less desirable, it may be better to choose the vinyl property.

12 June 2024 | 15 replies
Over the past 20+ years we have invested in syndications but we have also done over 100 joint venture deals with friends that did not require any Syndications.

11 June 2024 | 6 replies
Most lenders will require a 15-20% down payment assuming credit is strong and property can perform from a producing income standpoint.

11 June 2024 | 18 replies
In fact, some states require the borrower to cancel impounds in writing before the lenders/servicer is allowed to cancel so, if they cancelled and you didn't instruct them to, ok maybe they are negligent.

11 June 2024 | 14 replies
Since loans are considered securities, most states require a security exemption, which can be prohibitively expensive.At least one state, California, automatically grants licensed CA real estate brokers an exemption without requiring them to go through the expensive registration process.

12 June 2024 | 15 replies
A short term rental requires quite a bit more effort than a long term rental including quick response to all guest communications, managing cleanings after every stay, keeping on top of maintenance (emergency and deferred), marketing the property on all major OTA sites (i.e.

11 June 2024 | 20 replies
Depending on how good the GP's prior returns have been & marketing strategy, they can raise 70-95% of the total equity required to take down their next deal.