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14 May 2024 | 3 replies
Rents greater than the PITI payment and if you can focus on 2-4 units the multiple doors help achieve that goal.On another note keep in mind Mobile/manufactured can be tough to refinance some lenders do not fund on them.
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14 May 2024 | 5 replies
If you push back and price compare you can always keep them honest.
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14 May 2024 | 1 reply
Partner with a local lender.
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14 May 2024 | 6 replies
I have already spent fifteen thousand dollars for a program that didn’t show me how to get financing for my deals and I am broke seriously broke like don’t know where I’m going to get money to feed my family broke and I am HUNGRY in more ways than one this means the world to me I have to make this work so please if anyone can help me find private money lenders that will take a chance on me let me know I know I will make us a lot of money because I have.
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14 May 2024 | 10 replies
Loans are typically amortized meaning the percentage of interest paid compared to principle paydown is highest at the first month.
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14 May 2024 | 1 reply
I am on this platform 4 or 5 days and already have calls booked with lenders and RE Brokers.
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14 May 2024 | 2 replies
So in the end, I will be putting 4 new mobile/modular homes on these lots.Exit Strategy: Rent long term or Lease option to buy.The price of the "Farmhouse" is $175kRepairs: Pressure wash the house, paint inside and out, replace flooring: $10k$15k for fees, inspection, or any other unforeseen expenses$20k for Mobile/Modular Home SetupThe price on the 3 acres behind the farmhouse is $80kRepairs: Paint and new flooring $10k$15k for fees, inspection, or any other unforeseen expenses$20k for Mobile/Modular Home SetupTotal: $645kI have a lender who is willing to cover the deal @75% of the cost.I have a Gator who will cover the EMD.What I need is someone to help me with the Gap between that.
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14 May 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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14 May 2024 | 0 replies
Handy Man Stole Materials Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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14 May 2024 | 2 replies
Does anyone know of any lenders willing to do a bank statement loan under 100k?