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14 August 2024 | 1 reply
So if you buy distressed and build in some additional equity via the rehab you can cash out when securing the long term debt.
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16 August 2024 | 5 replies
You can do a DSCR standalone 2nd Mortgage at 75% CLTV if this is a residential 3 unit building as long as the property can debt cover both mortgage payments
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15 August 2024 | 16 replies
If your investment is only a good investment if everything goes perfectly then it isn't a good investment because if you hold a property long enough it will not go perfectly!
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17 August 2024 | 8 replies
Just a couple notes from my side: I don’t believe you can lend from your IRA to yourself to flip a house since you are a “disqualified” person, or whatever the term is.
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16 August 2024 | 2 replies
It doesn't take long to learn how to spot a good deal.6.
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16 August 2024 | 4 replies
The biggest advantage is I could still refinance since it was technically owner occupied.In terms of privacy, it depends on how the loft is laid out.
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13 August 2024 | 6 replies
Are you looking for PM for a long term rental?
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13 August 2024 | 2 replies
You have a larger pool of risk tolerances from different lenders (less risk = better terms, more risk = worse terms). 3.
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15 August 2024 | 13 replies
This puts us in a good position, in terms of making sure we are not taken advantage of by any contractors.
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16 August 2024 | 6 replies
It is quite an undertaking, processes will be long and unforeseen costs could pop up.