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20 September 2018 | 1 reply
Does anyone know of a fund/hard money lender that will do a refinance on a high end residence being used as a rental?
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29 September 2018 | 22 replies
With my W-2 income, I can still qualify for a 30-year fixed rate loan at 4.625% (a no-brainer in my opinion)2) I have capital that I need to deploy and the measly 3% interest I'm earning simply doesn't compare to how those funds could serve me in the rental market.
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22 September 2018 | 5 replies
I was told I still had the option to initiate a transfer, however, I would have to pay the 3% transfer fee and pay the variable 14-24% interest rate while funds were in use…Just like that, 40k of capital to go out and buy assets and get them to cashflow……gone.As a value-add real estate entrepreneur, I understand with every challenge encountered, there is a lesson to be learned and an opportunity to evolve.
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20 September 2018 | 3 replies
Secondary being funds from an independent source.Sophisticated investors used a mixture of primary and secondary...
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20 September 2018 | 8 replies
The performance of any new investments the saved funds would be used for does not have to be great to far surpass the rate on a conventional home loan.
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21 September 2018 | 2 replies
I’m looking into house hacking a 4 Plex property but I lack the upfront funds for a down payment.
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20 September 2018 | 0 replies
Total Closing Costs (J) $62,251.61 $0 YES Closing Costs Paid Before Closing$0 $0 NO Closing Costs Financed (Paid from your Loan Amount) $0 $0 NO Down Payment/Funds from Borrower$0 $0 NO Deposit -$1,000.00 $0 YES Funds for Borrower -$36,304.75 $0 YES Seller Credits$0 $0 NO Adjustments and Other Credits $1,304.86 $0 YES $26,251.72 $0 Cash to CloseSummaries of Transactions BORROWER’S TRANSACTIONUse this table to see a summary of your transaction.
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21 September 2018 | 5 replies
I easily qualify for the loan, have the funds available for the down payment, and an 840 credit score and am wondering what the catch is because it sounds too good to be true.
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24 March 2021 | 5 replies
., Fund that Flip, etc.
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24 April 2019 | 7 replies
What’s the best way to tap into my investment condo to fund this second property?