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26 January 2025 | 0 replies
I financed this deal on a 30yr conventional loan and I put 11,000 down with a 6.625% interest rate.
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28 January 2025 | 4 replies
The seller was willing to take a secondary position on other property assets and provide a 3yr 4% interest on his loan.
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24 January 2025 | 3 replies
Earlier this month, Lemonade was still quoting renters.Has the tenant tried getting it from the same company they insure their car with?
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10 February 2025 | 6 replies
Since the rent roll was too low, she had to secure financing through a private lender that based the loan on market rent rather than the current rent.
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10 February 2025 | 20 replies
Once you’ve built capital, transition to small multifamily units using DSCR loans for steady cash flow.If you need help analyzing deals or securing funding, let me know.
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22 January 2025 | 6 replies
If the interest rates go up to around 7% again do the numbers still work for the remainder of the loan?
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16 January 2025 | 23 replies
I use a loan servicer who processes the borrowers payment and then sends to me.
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5 February 2025 | 6 replies
I am also willing to work for a more experienced investor or property management company in any capacity, be that market research, deal sourcing, property management assistance, rental optimization, or anything else needed.
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22 January 2025 | 7 replies
Similar to what Patrick stated - most have ITINs and have seen a lot of loans like that and those are sold many times on secondary market. if not I know people who still originate I would say they are tougher to sell on secondary market but there are still buyersRe: jay comment - price of notes has doubled over past five years on many loans - especially defaulted or loans with some hair too them.
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9 February 2025 | 8 replies
If you plan to invest in multiple states or require advanced asset protection, consult a CPA or attorney to explore options like a holding company structure.