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10 May 2024 | 4 replies
It will take some work to find a lender who will lend on this type of property.
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10 May 2024 | 116 replies
But the lender said I did not qualify since I did not have any W2 income.
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9 May 2024 | 14 replies
Talk to a few different lenders.
5 May 2024 | 3 replies
You have promised the lender that the money is secured by real estate.
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10 May 2024 | 13 replies
Next time I will sub out more of the work... though I still love to paint and so some of the minor work:)Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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10 May 2024 | 10 replies
The advice, negotiation, referrals to inspectors, lenders, contractors, lawyers, title companies, etc.
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7 May 2024 | 9 replies
All of that *can* be a tough recipe for a DSCR loan at max LTV (75-80% LTV).We even had one major national private lender bail completely on their 5-9 Unit Multifamily product as of this week.
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10 May 2024 | 8 replies
If you are worried about being over leveraged first look at your personal debts that are not producing income for you.Remember that when you are increasing equity in a property you are only reducing the risk of the lender.
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9 May 2024 | 107 replies
But they will be along the lines of...Investment business: purchasing 4 more mobile homes with the land as rentals, super dial in our systems to utilize every team member in their unique genius zone, and consolidate some debt.Education: Create 1 new class, (most likely on the topic of private money), double my book sales, speak at 40 live events, and be a guest on 50 podcasts.
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10 May 2024 | 30 replies
The core 4 is David Greene’s long-distance investing strategy and consists of a realtor, contractor, property manager, and lender.