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4 March 2019 | 0 replies
Private money loan How did you add value to the deal?
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7 March 2019 | 10 replies
The payments for a partner/private lender over 3 years will be MUCH higher and decrease your flexibility if you find another property to invest in.As far as banks, shop around and make a new post on BP specifically asking for banks that do what you are looking for in your area (or Kansas City which is big and has lots of BP members).
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5 March 2019 | 1 reply
We’re looking at private and hard money already.
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5 March 2019 | 21 replies
I was planning to buy my first rental house at $300K with 50% down, and after just talking to a banker from Chase private client, there's seem to be a better way to do that.My current primary house:Value: 1100Kown: 560Krate: 3%, started at 08/2016 with 7/1 ARMInvestment house:Price 290KIf I take another loan for investment house, the rate would be 5.00 for 30 year fixed.
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25 February 2021 | 24 replies
Semi private lenders will do this.
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15 March 2019 | 31 replies
Private lenders in the past have filled a whole (for example under $50k properties) where banks would not lend due to the cost of underwriting the loan and Dodd frank.
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6 March 2019 | 18 replies
I am going to be buy a property using a private lender, we agreed agreed to 20% down payment, he’s covering 100% of the purchase price and the rehab, with 15% does this sound like a bad deal it’s my first property.
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6 March 2019 | 7 replies
The utilities are private (Well and Septic).
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5 March 2019 | 8 replies
I am planning a trip to Cali next month.I was told from the standard mortgage operator on the phone, that I would better talk to their Private Mortgage Department or Advisor.
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5 March 2019 | 1 reply
You can do this as a private individual from your personal page but I think a business page is better just to keep your personal life separated.I advertise rentals all the time on facebook and it generates a lot of traffic for me.