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Results (10,000+)
Justin A. cash out refi when BRRRR-ing
12 January 2020 | 6 replies
Thank YouHi Justin, commercial lenders will be looking for the following but subject to lender and product-specific: (There are niche lenders)Investor Only - loans to Individual, LLC, Corp and Limited partnershipAppraisal of propertyUS or perm resident (some will lend to foreign nationals at 65% LTV and higher rates)3 mos PITIA and closing costs (some will use loan proceeds for this if within LTV thresholds) 3 mo bank statement for proof30-day ownership seasoning on refinancing (some 30 days to 90 days)No tax returns, DTI calculations or income qualification (most)LTVs up to 80% (some sweet spot is 75% for cash out)DSCR 1.0 -<1.3 (some will look at this but some won't sweet spot is 1.2)Credit 650+ (credit will impact rate and LTV)Min Property Value $75K (Higher min in certain areas)Lease or unleased (must be rent ready .. rate may vary)Min Loan Amount (lender specific rates will vary on amount)5/1 ARM, 7/1 ARM, and 30-yr fixed-rate structuresNo sourcing or seasoning of funds (some will ask for 30-60 days seasoning)Must own primary home (lender specific some do some don't) 
Ahmed Youssef Turnkey is asking to ignore the appraisal value
13 January 2020 | 64 replies
As another mentioned, you pay for convenience, that’s the turnkey’s product.
Zack Thiesen Lending vs Income Doc Scenario with BRRRR Method
12 January 2020 | 5 replies
Thanks @Kerry BairdHey @Zack ThiesenYes, as crazy as it sounds, there are numerous products out there for the self employed investor that don't require tax returns. 
Joseph Stewart Gas station / convenience store / liquor store due diligence
11 January 2020 | 3 replies
For example, buy a case of product under Company B's books, but sell it through Company A. 
Joshua Edwards $20 Background and Credit Check Fee Question
12 January 2020 | 3 replies
You cant so much for $20 bucks these days.A lot of things he does seem capricious and without research (for example, his proposed "7-round mag" for rifles-expecting the entire industry to alter their products just for him). 
Andrew McCartin Asking Agent to Send Preperties from MLS?
13 January 2020 | 28 replies
I know they exist and have known this for decades.. just really never seen them used.. at least on the West coast.. sophisticated buyers wont sign them is my thought I know I would not. 
Leora Merrell Bed configurations in bedrooms
12 January 2020 | 13 replies
More like a cabinet rather than a full wall mount:https://futonland.com/product/...
David Klefeker Increase your leads through Facebook Marketplace
11 January 2020 | 0 replies
Especially with so much of the Class C product being repositioned/renovated to a solid B or B+ class property.About 5 years ago we started to see more and more people use apps like Zillow, Hotpads, Tulia, etc.
Terri Lewis multi million PML, how crazy is this? Scam, or possibly real?
18 August 2014 | 13 replies
The government set up a program for farmers to get a loan for another ox etc to increase crop production
Brandon G. Real Estate Appraisal Experience?
22 August 2014 | 3 replies
Also, it would be vital to what products and schemes are popular at the current moment among investors.