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20 May 2024 | 4 replies
You can get into a DSCR program in the high 6s depending on the DSCR ratio, LTV, Loan Amount and credit.
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21 May 2024 | 48 replies
A very high percentage of my tenants (in fact, almost all of them) were single mothers.
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20 May 2024 | 8 replies
Many of your recreational campgrounds are owned by the government (either state or local) and almost all of them do not allow you to stay more than 21 days so if you are running a long term park there is a very high demand in many states.
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20 May 2024 | 7 replies
It is not normal to see that high in one year but it does happen too often when they need money.
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20 May 2024 | 8 replies
Instead of fighting the high interest rates as a borrower, take advantage of them by being a lender.
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20 May 2024 | 2 replies
Mortgage occupancy fraud is at an all-time high right now and lenders are watching this like a hawk.
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21 May 2024 | 44 replies
They are on the ball, respond quickly, can and will fund within 10 days if needed and I have had nothing but positive experiences with them and highly recommend them for anyone looking for a HML in areas that they lend in.
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20 May 2024 | 13 replies
Some gurus go as high as 70%, IMHO that is too high, leave some cushion for your private money people to sell in case you get hit by a bus.
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20 May 2024 | 3 replies
Assuming a required rate of return of 5% (comparable to high-yield savings or a CD), the deal would need to yield a total CoC return of 10% (since everything is split 50/50).I'm stuck because while playing around with numbers, achieving this return seems improbable if not unrealistic.
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20 May 2024 | 4 replies
There will typically be a lot of offers on the place unless the condition is no good or the property is priced high, so you need to communicate everything.4.