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26 March 2024 | 3 replies
On the other hand a line of credit might work for the down payment, but you will likely want to look for a private or hard money lender for the fix and flip portion and as a beginner, I would expect to put between 20-25% down and likely a bit more for closing costs and reserves.
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26 March 2024 | 13 replies
There you will learn about strategies, connect with lenders, contractors, other investors of all stages, realtors, private capital companies and so much more!
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24 March 2024 | 0 replies
Private money and my own capital How did you add value to the deal?
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28 March 2024 | 1 reply
) 2: Funding ( I know Hard money lenders are an option but other than that I'm clueless) and 3 which is the biggest obstacle right now is that I don't have any funding, I have 10k to my name and that's it.I've been doing wholesale for a couple of months and I know the basics of real estate but never bought or fixed a property.I would love to hear your suggestions and what could I do ?
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28 March 2024 | 3 replies
A lot of lenders can still qualify you off of 1099 income.
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28 March 2024 | 13 replies
Hey Karen, I've got a list of PMs and Contractors as well as Lenders who've been a big help for my investors when acquiring properties.
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27 March 2024 | 15 replies
Not only that but when you are in a portfolio loan and would like to for example sell one and break it out then most lenders will want to be paid back 120% of the balance attached to that piece of property back into the principle of the loan
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27 March 2024 | 5 replies
Chase Private Client benefits are great and very convenient.
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27 March 2024 | 11 replies
If you were buying a major commercial property, the lender looks a lot less, if at all, at the personal credit of the person who owns the company.
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27 March 2024 | 5 replies
Foe investors who like to purchase land, is every lender requiring it to be financed on a 15 year mortgage instead of a 30 year?