Andrew Menkes
Hard money lenders for a first time investor
6 April 2020 | 13 replies
Plus reno style conventional requires alot of paper work to be submitted for draws.
Tonya Jones
What's your opinion on these Hard Money Terms
13 April 2020 | 8 replies
13% Interest Only rate5% Lender Fee20% down Lend 70% ARVRepair escrow draw after each phase complete.
Samuel Pavlovcik
Illinois Architect New to the BiggerPockets Team
9 April 2020 | 11 replies
Many are now accepting permit applications and drawings via email, some require you to schedule a meeting/drop-off.
Alex Silang
Going from residential -> commercial?
7 April 2020 | 3 replies
Question is, what are the draw backs?
Keith W.
What's the True with Subject TO?
18 May 2020 | 8 replies
Then I need money to initialize any rehab before I can draw on the construction portion of the hard money loan.
Ondrej Brown
How these number look ?
8 April 2020 | 8 replies
Much of the process is very subjective and it really depends on who you get in the draw for an underwriter etc.
Julie Petersen
Best ROI studio, 1 bed or 2 bed?
23 June 2020 | 8 replies
It draws couples, small families, and roommates.
Scott Rye
First 5+ unit property....
4 May 2021 | 5 replies
Financed these funds and the bank set up account to draw for all cap ex items up to 80K with no time limit.
Tom Kaz
Cash out refi scenario HELP
8 April 2020 | 4 replies
Unfortunately, I had no clue the HELOC had to be closed with the cash out and then re-opened.My current HELOC line is at 80k with a 10 year draw and 20-year repayment.
Joseph Ranola
Can a Real Estate Agent D4D?
15 April 2020 | 5 replies
Just to clear something else up for me- when I'm finding properties this way, when we draw up a contract would my commission come out of the buyer or sellers pocket?