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19 January 2025 | 9 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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27 January 2025 | 12 replies
getting tighter but things may be changing soon depending on what the new prez does.
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27 January 2025 | 6 replies
Rates and expectations vary depending on the relationship and the investor's comfort with risk.
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10 February 2025 | 9 replies
Depends on which state you're considering.This is just off the top of my head and far from an exhaustive list of considerations.
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28 January 2025 | 1 reply
I have them tell me how long a project will take to complete, and then I add buffer days or maybe up to 2 weeks, depending on how long / complex of a project it is and potentially accounting for weather if it is outside work.
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5 February 2025 | 17 replies
This might depend upon your license, if required.Loan Document Costs: Will you charge for these?
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21 February 2025 | 14 replies
If you're still shopping markets, I'm happy to set up a call to discuss how Memphis could be a good fit for you depending on what strategy you're looking to implement.
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8 January 2025 | 13 replies
Please reach out if you are a lender or can connect me.5 Bed 2 Full Bath & 2 Half BathExisting Mortgage ~$550,000Home Value ~$1.1+ Mil Depending on the STR income generated from this property, you could do up to 75% LTV on a cash out refinance.
12 January 2025 | 10 replies
I'll do something that appears to be taboo on BiggerPockets, I'll share my rates and fees.Today, we were quoting interest rates between 10% and 12% for (1) a first-time flipper - 0 flips, (2) with a credit score in the 740's, and (3) putting only 10% down with us financing 90% of the purchase price and 100% of the rehab.
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18 January 2025 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?