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11 January 2025 | 7 replies
the property’s rehabilitation is scheduled for completion in 2025 and the rent will subsequently increase, can I proceed with a cash-out refinance based on the current rent roll?
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10 January 2025 | 0 replies
However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.
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10 January 2025 | 0 replies
However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.
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20 January 2025 | 62 replies
Originally posted by @Lex D'Amico:I just did two deals with them and it was a complete nightmare.
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13 January 2025 | 5 replies
They allow you to include up to 6 months of rent payments in the loan if you are unable to occupy the premises during the renovation.Just to be complete, it's also worth mentioning that both the VA and USDA have renovation loans.
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14 January 2025 | 28 replies
I have a template that I provide and they can either complete the template or just give me their documents and I'll complete the template before prepping the taxes.Self Managed, High Volume, Very Organized - these folks keep up on their activity.
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8 January 2025 | 3 replies
These requirements are solid, keep them: Application: Everyone aged 18 or older must complete an application.
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13 January 2025 | 12 replies
I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.
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12 January 2025 | 1 reply
Alternatively, refinancing might give you access to some of your equity without completely exiting.
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8 January 2025 | 31 replies
I recently completed my 2nd 1031 exchange with them and couldn't be more satisfied.