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9 March 2024 | 2 replies
We feel good about this as it almost sold awhile ago for this exact amount and has been appraised around this as well.I'm in the unusual position of being able get financing from a private lender.
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11 March 2024 | 6 replies
We are currently renting and our landlord has given us a great rent rate and we ideally want to focus on long-term rentals and utilizing BRRR for our portfolio.Our current market we live in is Las Vegas, NV which is a great city for growth, but it's been tough right now to find any cash flowing properties within our loan amount from our NV lender.
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11 March 2024 | 11 replies
Does anyone know of a hard money lender or anything that I can use to get the 60k?
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12 March 2024 | 13 replies
There are many lenders who will fund 80% of the acquisition and 100% of the renovation.
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9 March 2024 | 11 replies
RTR is impartial on who your lender is to close deals.
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11 March 2024 | 7 replies
You might want to consider potential issues with the lender if rezoning occurs post-closing.
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9 March 2024 | 4 replies
Hi there,Me and my two partners are growing our buy/hold portfolio in Jackson MS, but are looking to take cash out of our current rentals so that we can invest into new properties. 4 of the 5 purchases were in 2023, so we're fairly young in our journey.Issue that we're running into is that most lenders tell us that the value of our houses are too low.
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11 March 2024 | 6 replies
Most lenders don’t consider manufactured or mobile homes real property and there are lots of requirements and stipulations a buyer has to meet to qualify for a mortgage.
11 March 2024 | 3 replies
If they don't have them, see if you can reach out to their lender.
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11 March 2024 | 20 replies
The hard part is knowing if a lender will accept it.