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2 April 2024 | 7 replies
Can get a ground up construction loan at 50% down on the land and lender will give you 100% of the construction upto 65% ARV .
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3 April 2024 | 5 replies
First, will your lender trigger a due on sales clause?
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4 April 2024 | 12 replies
With my lender in WI the closing costs are about $1000.00 per deal.
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2 April 2024 | 10 replies
This is especially hard in Texas since all the sold comp information is private.
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3 April 2024 | 5 replies
I just like things between Denver and Boulder.The middle suburbs are primed to be a good appreciation market over the next few years as highe prices continue to push people out of the city.Have you talked to a lender?
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4 April 2024 | 5 replies
There are also additional costs to be mindful of when transferring title into an LLC even if your lender is accepting such as your case.
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3 April 2024 | 7 replies
They aren't as strict as a conventional lender and is what alot of investors use to scale up like what your trying to do.
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4 April 2024 | 12 replies
Sell a house , nothing any inspections are done by private parties .
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3 April 2024 | 0 replies
I am curious if the fees I am being presented are in line with market norms:lender app fee: $10,000Origination fee 1% ($20,000)Lender costs: shows a fixed amount at $10,000processing fee $895registration fee $10,000Title and escrow fees: $4,000 est.6.5% rate fixed at 10 yearsPrepayment Penalty: Yield Maintenance months 1-114 (1% minimum)Third Party ReportsApppraisal Required Engineering Required Environmental N/A Seismic Report N/A Market Study N/A Funded EscrowsReal Estate Taxes Required Prop/Liability Insurance Required Special Assessments N/A Ground Lease N/A Replacement Reserves N/A Required Repairs TBD Debt Service Reserve N/AWould love to hear your thoughts on this as well as what you think is appropriate fees for the freddie mac sbl program.
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3 April 2024 | 1 reply
2) Should we start the flipping business with these private investors as well?