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8 May 2024 | 8 replies
However, if you're asking whether or not the deal is a good deal to present to the buyer... that's not a question that should be asked when you already have the deal but rather while you're still reviewing/executing the contract for assignment.
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6 May 2024 | 14 replies
What construction lenders have others used for prefab or modular projects?
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7 May 2024 | 3 replies
They will review the documents they request you to turn in and once approved, they will have a W9 for you and your account information so they can start depositing the future rents into your account instead of the previous owners.
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6 May 2024 | 3 replies
Hello, I'm looking to start investing in oregon and am aiming to do my first brrr in the next couple months and would love to connect and maybe get some contacts for contractors and hard money lenders that can help me on my journey.
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8 May 2024 | 14 replies
It is not easy to find lenders who loan under 100K.
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9 May 2024 | 3 replies
I guess the owners squared up with the lenders last second.
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10 May 2024 | 43 replies
most lenders I talk to want thier money back in 1 year .
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10 May 2024 | 22 replies
@Shawn ChervinskisThere can be no direct or indirect benefit between you and the plan, and the fact that you would occupy a unit of the duplex is a 100% deal-killer for an IRA or 401k.You could use a Solo 401k to purchase a property held entirely by the 401k, and to which all expenses and income are attributed to the plan.A 401k (or IRA) can use non-recourse financing, but typically non-recourse lenders will want to see more like 35-40% down and a minimum of 10% cash in the plan for reserves.
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8 May 2024 | 9 replies
A good website, people find you everywhere on the internet, you have decent reviews on Google, etc. 2.
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8 May 2024 | 11 replies
Making sure you understand various lender's guidelines, doing your due diligence, actively prospecting, and making sure each loan file closes smoothly while ensuring that both your lender and client are happy is not a walk in the park.