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12 June 2024 | 24 replies
We never put a dime of our own money as the cash flow was strong even in its poor condition.
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12 June 2024 | 0 replies
Hard money. 20% down, 2 points up-front, 12% interest.
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12 June 2024 | 7 replies
Also are the properties turn key at that price or would it be a BRRR type situation where you can use hard money then refi out?
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12 June 2024 | 4 replies
YOU will need to send the money to the individual and do this manually.
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12 June 2024 | 2 replies
I wouldn't be selling in this market personally, so if you don't sell the SFR and you really want to do this, a DSCR cash out refinance on the triplex, or a hard money 2nd is your only option to get the liquidity needed to make this move.
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12 June 2024 | 1 reply
Funny thing is that the agent saw how much I liked it and tried to buy it herself but then last minute her money fell through so she came back to me and I had 2 weeks to buy it before probate got involved.
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12 June 2024 | 7 replies
Looking out for suggestions @Kaushik SarkarIf the equity in your properties is your only source for new investing, and the new property you are buying still cash-flow's with the cost of your borrowed money (from your properties), there is no reason to not use it as an investment vehicle.
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12 June 2024 | 9 replies
They are free to sell their cryptocurrency and then use that money as try downpayment.
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12 June 2024 | 10 replies
So ask yourself, how much money do you have to invest.
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12 June 2024 | 2 replies
definitely can get a no income driven hard money style ground up construction loan covering 50% of land and 100% of construction