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11 March 2024 | 14 replies
Hi @Jessica FrancoGreat to hear of your interest in property back home.From my experience (we own a company called KOURO here in South Africa) it really really depends on the strategy you hoping to focus on, the area, purchase price and what value you can add to that property - as discussed everywhere on BPWe do flips, multi-lets and now recently starting Developments.Our returns are really good and we give great returns to our hard money lenders of between 15-20%.We are quite happy and believe that the property market here, if bought right, will last through any down times.
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8 March 2024 | 6 replies
Hello guys anyone know lender that i can pud 10% down and not 20% like most of them askin Illinois not just there.. ty
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11 March 2024 | 14 replies
Congrats on taking a big step.Don't know the Chicago market, but my go-to advice is:-- Talk to a lender soon.
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11 March 2024 | 32 replies
Furthermore and almost more importantly, any lender reviewing a Lender's policy after this would be pretty ticked off to see that a conveyancer hasn't taken full steps to assure a first lien position.
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10 March 2024 | 0 replies
Construction loan originally at $110,000 and a Heloc after basic completion Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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10 March 2024 | 0 replies
I discovered a guideline that prevents lenders to loan to Condos that have master homeowner's deductible > 5%.
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10 March 2024 | 0 replies
Lending standards are tight across all lender types, and regional banks are scaling back their pace of originations.
10 March 2024 | 7 replies
When you do a quitclaim deed, the lender can call the note due.
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8 March 2024 | 0 replies
I’ve often struggled to describe the powerful combination of anxiety and elation of entrepreneurship but maybe I was not tapping into the right middle school memories, buried beneath braces and rejection.
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9 March 2024 | 5 replies
Any savvy RE-friendly Lenders in my area (Eastern Washington)?