26 February 2025 | 6 replies
The lenders do not want to lend on them much and the buyers do not want to buy them.
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31 January 2025 | 2 replies
That was an excellent non-answer to my question, Skyler. hihi :)No they are not all the same. some are only interested in dealing with conventional purchases other are as you say better at handling assignments or double closes, some are commercial specialty, etc....A investor friendly one would be, at least from my point of view, one that understands there may need to be some last minute wheeling, dealing, and adjustment made to close a deal, understand what needs to be done and do not freak out about creative deals.Maybe my understanding or thoughts are wrong but that's what I meant by investor friendlyregards :)
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26 February 2025 | 5 replies
Hello WynnI am a local Realtor and I have a great lender and title contact for you that can help advise on this situation.
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15 February 2025 | 11 replies
At this point you would be the owner and thus responsible for managing the property yourself or hiring a property manager to get the property rented (if it isn't already).Then after an agreed upon period of time (probably after your collection falls off and your credit score improves), then you can refinance the loan with another lender (like a bank, credit union, or HML) and payoff your family member.Thank you so much for your reply!
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7 February 2025 | 11 replies
They expect you to live in one unit, BUT I have never heard of anyone from the lender go and check in on you to see if you are actually living there.
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9 February 2025 | 1 reply
I'm looking to connect with local investors, agents, lenders, property managers and contractors who have experience in these areas. :-)
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26 January 2025 | 51 replies
Real estate syndication investing is still quite valuable as it can offer higher Returns than investing in public REITs but not as high returns as direct ownership and management of real estate by some experienced people, but with the benefit of being far more passive, than direct ownership/management.
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2 February 2025 | 4 replies
Working with a private lender can indeed come with challenges, particularly regarding qualifications and funding structures.For your cosigner, they typically will need to be a member of your LLC and the private lender will want them to hold 51% - depending on lender of course.Compensating your cosigner fairly is based on what both parties believe is fair.
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6 February 2025 | 10 replies
I’d love to connect with local investors, agents, lenders, and contractors in the Kansas City area.
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2 February 2025 | 17 replies
I do 30% traditional (roughly split 50/50 stocks and bonds), 30% owned real estate and 30% non traditional (loans, syndications, PPM funds etc).