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9 April 2024 | 6 replies
If the lender doesn't want the deposit(s) shown as a credit to the buyer (after all, these are not funds used to reduce the cash from buyer, they are third-party funds), the new security deposit escrow account can be the line item beneficiary on the seller-side only.Line ~506: Security Deposit(s) to ESCROW (or similar).
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7 April 2024 | 5 replies
These have between 3 and 3.5% minimum down payments, but would obviously require a lifestyle change for the immediate time- there are hard money lenders that do not conform to traditional lending requirements.
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9 April 2024 | 2 replies
I'm struggling to find a good deal sheet calculator that I can use with my hard money lender.
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9 April 2024 | 2 replies
For instance, buyers normally have to pay for origination fees from the lender, insurance, appraisal, attorney/title fees etc.
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9 April 2024 | 2 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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8 April 2024 | 23 replies
I would do some private money lending in a smaller market
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9 April 2024 | 4 replies
Others use non bank lenders for DSCR or other types of loans.
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8 April 2024 | 15 replies
A perfect example would be the "old" Private Annuity Trust (PAT).
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8 April 2024 | 37 replies
Utilize a mortgage calculator to calculate the payments, take into account your schedule, and speak with a Columbus local lender.
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5 April 2024 | 3 replies
this is me and my partners 1st deal we got 14 days to find a buyer/ or find another exit strategy.My question is, how can me and my partner work with a private lender to get this deal closed if our buyers we made contact with are not serious about closing but we know there is money to be made in the deal!?