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17 April 2019 | 2 replies
Frank is correct, the other three properties you must have 25% down for traditional financing, although you could maybe seek out private financing.
17 April 2019 | 3 replies
This question is a little too general to answer with one loan option.Alot of it depends on how you get the property, if from auction or wholesale they generally want cash, so you will go hard money or private funds, and then do the refi.Different loan options for different strategies, if your going to live in it, that 's the easiest and cheapest financing.I'd suggest describing how your going to be buying a house and then ask out how to get that house.
18 April 2019 | 5 replies
I'd figure at least $5k, just to be safe.Unless you've got private money (who has an incredible amount of trust in you), you're never going to get a 0%-down loan on an investment property.
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20 April 2019 | 96 replies
Higher property values drive rents higher.
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17 April 2019 | 4 replies
At least 2,600 victims invested their retirement savings, totaling about $400 million.Shapiro siphoned off $35 million for his own benefit, according to prosecutors, spending $3.1 million for chartering private planes and travel, $6.7 million on a home, $2.6 million on home improvements, $1.8 million on personal income taxes, $1.4 million for his ex-wife, and more than $672,000 on luxury automobiles.Roseman received $2.5 million for himself and Acevedo received $1.1 million, prosecutors said.The Securities and Exchange Commission’s previous enforcement action in 2017 was settled in January for a total of $1 billion in penalties and disgorgement of ill-gotten gains, the agency said.
13 May 2019 | 35 replies
I've worked in the venture capital and private equity world as well getting a close up view of numerous businesses as the grow.
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24 April 2019 | 16 replies
It's not to say you can't do either, but cash flow can't be the main driver.
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9 August 2022 | 33 replies
Have either of you had any success with local banks or a local private lender?
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17 April 2019 | 3 replies
@Angela Winbush you dont need private lenders to finance properties within an LLC, you just need a commercial loan.
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29 April 2019 | 16 replies
There are private money lenders out there that will add the IO payments to the balance of the loan.