
17 May 2024 | 2 replies
Basically, 24 different properties spread across 3 Florida counties will need to close all at once during one closing.My thought is to do a quasi-double close/bridge loan where I bring in a partner to fund the deal (about $5 million), and then have separate closings as quickly as possible after the fact in which we sell the other properties we don't want.

18 May 2024 | 9 replies
I feel the main reason the bank pays back taxes is to protect themselves of a tax foreclosure happening and they loose their security for the loan.

17 May 2024 | 11 replies
It’s only “100 deductible interest” and loan pay down.

16 May 2024 | 9 replies
A hard money loan would likely be an excellent fit for your needs.

17 May 2024 | 5 replies
I did get pre approval for fha loan.

17 May 2024 | 8 replies
And the loan amount will be 68k + 60k = 128k.

17 May 2024 | 2 replies
GC's should not be banks - have the borrower get a loan from a bank to pay the GC (this is what I would do if I was the GC)

18 May 2024 | 15 replies
Holding costs are alot on hard money loans.

16 May 2024 | 6 replies
I’ve been chatting with a fund manager about our performing notes.He asked a question I hadn’t heard before...Would we be willing to buy any loans back if the borrower goes 90 days delinquent?

17 May 2024 | 19 replies
I don't do a ton of flips but can be a good resource for lending as I've got loans w/ 8 or 9 different banks in Cola.