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5 December 2024 | 5 replies
@Tanarat Bunchom Thanks i think that will be the route I go, A local bank in the area.
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8 November 2024 | 2 replies
I received the following email today.Good Afternoon,Be prepared!
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5 December 2024 | 12 replies
The sky’s the limit, however, depending on the sophistication and the amount of due diligence help you request.
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15 November 2024 | 32 replies
It's not really about the area, it's about the spread on that deal.
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5 December 2024 | 6 replies
But you should have the rental in an LLC first, and then put that into the trust.
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8 November 2024 | 19 replies
Not sure if I follow Ideally we get something that has a good structure but is outdated and needs TLC.
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5 December 2024 | 6 replies
If you would like to get more than the cash you paid for the property and use the new appraised value, the shortest period I've seen is 3 months of waiting period between when you closed on your last loan or transaction to when you close on your next loan / transaction.More on DSCR loans in case helpful: DSCR loans won't use your income to underwrite the loan.
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5 December 2024 | 5 replies
The LTV ratio must be:75% or less, if the seasoning of the mortgage loan is between two and five years.80% or less, if the seasoning of the mortgage loan is greater than five years.Hope this helps!
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5 December 2024 | 34 replies
The times have changed on this though, the buyers have become very skeptical on solar, and have demanded that the balance be paid off by the seller at the close of escrow.