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27 May 2024 | 8 replies
Everything should still be done through a title company and you own the home - so you can sell it at anytime and keep any monies if greater than what you have left on the loan
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25 May 2024 | 13 replies
-Finding private money: If you can find a very good deal then connect with a family member or friend that could lend you what you need for a hard money loan or to lend you the full amount.
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28 May 2024 | 9 replies
Start small, and pros like real estate folks, loan experts, and property bosses can guide you through tough spots.
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24 May 2024 | 3 replies
I’ve heard of people getting rehab loans where you put down %20 of the acquisition price and %20 for the rehab and you get much better terms than an HML.
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27 May 2024 | 19 replies
That FHA loan is assumable, so that might be attractive (depending on your rate).You could consider leaving the FHA loan in place and just move into a live in flip.
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24 May 2024 | 15 replies
Again DSCR loan $60,000 or $80,000.
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27 May 2024 | 3 replies
Let's say someone has the knowledge and the contacts but needs the money or needs someone who can get a loan; or viceversa, someone who has the money, but needs someone with the knowledge and contacts to have successful BRRR cases.
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27 May 2024 | 4 replies
Its a limited doc program my suggestion is to close the land cash and refinance into multiple loan options and negotiate with at least 5 lenders and talk about terms. you may not even be qualified.
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24 May 2024 | 0 replies
One observation in working with higher loan amount borrowers and lenders recently is that rates can often be LOWER than conventional loan amounts.
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29 May 2024 | 27 replies
After a lengthy zoom call, I can finally say that I felt heard and cared about by the company.