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19 March 2024 | 19 replies
Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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17 March 2024 | 7 replies
Hey Daniel, If you are qualifying for a DSCR based loan, you do not have to do the extra step.
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19 March 2024 | 46 replies
Don't qualify for enough FASFA subsidized loans
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17 March 2024 | 18 replies
We have priced in the low 7’s for well qualified situations to much higher.
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17 March 2024 | 1 reply
Investment Info:Single-family residence fix & flip investment.
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17 March 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
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18 March 2024 | 10 replies
My estimates are based on personal experience having done a fair amount of renovation on my primary residences and estimates from friends and family who are contractors.
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17 March 2024 | 0 replies
Investment Info:Single-family residence other investment.
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17 March 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
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17 March 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.