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Results (10,000+)
Michael Nelson What do hard money lenders need to see in terms of the deal?
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.
Daniel Ehevich Cashout refi taxation and advice
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.
Julia Hagen Just spent $7,000 on home warranties..?? 😫😳
19 March 2024 | 46 replies
Don't qualify for enough FASFA subsidized loans
Lisa Martin DSCR loan rate
17 March 2024 | 18 replies
We have priced in the low 7’s for well qualified situations to much higher.
Jonathan Baird Our Latest Flip! High end single family project.
17 March 2024 | 1 reply
Investment Info:Single-family residence fix & flip investment.
Jonathan Baird Summer 2023 flip
17 March 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
Jesse Kassel Last minute, first investment property advice
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.
Jonathan Baird A project we GC'ed
17 March 2024 | 0 replies
Investment Info:Single-family residence other investment.
Jonathan Baird 2019-2020 Fix and Flip
17 March 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
Jonathan Baird Summer 2023 flip
17 March 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.