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7 October 2024 | 3 replies
Traditional lenders in this industry won't fund you on a purchase of a SFH that has leases for rooms and the building will need to be in your LLC name which means a primary bank won't lend you either cause of that and cause of your employment status.You have a real chance to start.
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4 October 2024 | 33 replies
, and joining a mentorship/mastermind group, I bypassed smaller deals and jumped straight into multifamily investing.
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8 October 2024 | 23 replies
It can be a lucrative business opposed to the traditional LTR, but you definitely need to have your heart in the right place.
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6 October 2024 | 7 replies
Once a tenant decides they like your property, it can take a little longer than a traditional rental because Section 8 requires a property inspection to ensure it meets their housing quality standards.
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6 October 2024 | 1 reply
Use a mix of traditional financing, private equity, or joint ventures to balance debt levels.
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6 October 2024 | 8 replies
I wholesale to people with lenders that pay the wholesale fee all the time...if it's a DSCR loan then the fee goes on their side...if it's a traditional lender then my fee goes onto the seller side and I still get paid...
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3 October 2024 | 2 replies
Have you found that private money lending allows you to structure deals in ways traditional lenders won’t?
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5 October 2024 | 3 replies
Here’s a breakdown to address your questions:30-Year Fixed-Rate Loan for Non-Residents: While traditional 30-year fixed-rate loans might be harder to qualify for as a non-resident citizen, non-QM lenders offer flexible options.
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4 October 2024 | 14 replies
It reasonably allows us to forecast the combination of traditional W2 earnings + a growing real estate portfolio and model out corresponding tax considerations.
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3 October 2024 | 5 replies
Local lender, helping investors on flips and rental (traditional) portfolios here in TX.