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21 March 2024 | 7 replies
The commercial bank or lender will look at your overall portfolio, liquidity, experience, and other factors.3.
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22 March 2024 | 5 replies
I don't know of any lenders that would give me a loan or what the process would look like...
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22 March 2024 | 19 replies
Time spent visiting properties for acquisition2. time spent talking to agent/broker about potential acquisition/sale3. time spent talking to lender on funding deals4. time spent raising private money to fund deals5. time spent interviewing contractors/PM/CPA/attorney/inspector6. time spent communicating with equity partnersI also feel research for potential acquisition should count.
21 March 2024 | 2 replies
Hello Andrew,To answer your questions yes by going DSCR or blanket loan most DSCR and blanket lenders don't post the tradeline on your credit.
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21 March 2024 | 9 replies
Then with that money you get your pay back your private lenders/hard money?
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19 March 2024 | 18 replies
There are non-recourse lenders, but it's not really what you might think.
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21 March 2024 | 0 replies
VA loan Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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21 March 2024 | 4 replies
Under construction Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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22 March 2024 | 11 replies
Before diving into LLCs, HOAs, Insurance, and Home Prices.I'm not sure if you have been pre-approved but I would highly recommend that you speak with a local lender, I happen to know a few in the area.
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19 March 2024 | 16 replies
Your Credit Score: 680+ or 700+ will get you better terms depending on the lender. 660 is the minimum for many lenders.