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8 April 2024 | 35 replies
Compared to a non-interest only product, the rate will almost always be higher.
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9 April 2024 | 3 replies
I don't know about Texas, but you might be able to charge a non-refundable deposit to hold it that then becomes their security deposit when they move in.
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10 April 2024 | 2 replies
I know that I can buy a lot and use that as a down payment, but I have two pieces that are making me a bit nervous.
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10 April 2024 | 11 replies
I'm using down payment assistance, 3000 is what I estimate will be out of pocket after
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12 April 2024 | 40 replies
But don’t wait until they’ve already found other deals and made other plans. good idea - and agreed; our most important goal is to get rid of the monthly payment!
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8 April 2024 | 12 replies
"cannot make the grade"= when the investor got a loan back in 2019 the rate was 4 and now at 8 -10 the rents no longer cover the payments.
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10 April 2024 | 7 replies
That way you only need about 10-20% for the down payment and the hard-money lender will cover the rest AND they will cover the cost of repairs.
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8 April 2024 | 5 replies
Alternatively, there is a category of loans called non-QM.
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10 April 2024 | 7 replies
It's crucial to have a well-drafted contract that clearly outlines the scope of work, timelines, payment terms, and any other pertinent details.
9 April 2024 | 4 replies
Also, most seasoned commercial agents don't want to deal with non-experienced agents trying to do commercial.Also, why did you say mixed-use in the heading?