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1 October 2024 | 8 replies
I’m looking to get financing for this commercial property for the remaining 210,000 with nothing down .
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2 October 2024 | 5 replies
This makes zero sense - sorry to come across as a jerk but this makes absolutely no sense and where did you get the advice to do this?
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1 October 2024 | 3 replies
Let's get this stadium built and see if the momentum will continue.
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1 October 2024 | 2 replies
You get some 50s or earlier oak strip flooring and compare the scratch resistance to anything out today and it's not even close.
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1 October 2024 | 6 replies
Are you looking to get a loan for your 11 unit multi family house where no tax return is required?
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1 October 2024 | 9 replies
If I were the seller or listing agent, you wouldnt be buying the property, not just because of not providing the DU, but if the lenders response was that, it would immediately make me think that lender is completely incompetent and there was no way that deal would get to closing.
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1 October 2024 | 5 replies
Don't get caught into over renovating.
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1 October 2024 | 16 replies
With rehabs you can get to significantly lower purchase prices and typically the lender will just be looking for a100k+ ARV so that you can refinance out of the loan once rehab is completed (100k as-is value is pretty standard for DSCR loans).With rehabs experience is the biggest factor to LTV and rate so partnering up with someone for the first one or first 3 will get you significantly better terms (working in the same area can also provide benefits in terms of LTV).
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1 October 2024 | 26 replies
Your goal is to get paid and not have this happen again.
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1 October 2024 | 8 replies
Goal is to wholesale this one.I'm familiar with analyzing deals with seller financing where a good deal would be 3-5x ROIC, but I'm not as familiar with analyzing for cash deals, could I get some feedback for this one?