Dennis Medina
Looking to network!
25 April 2024 | 4 replies
There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.
Theo Seng
Seller financing deals
24 April 2024 | 3 replies
HI @Theo SengOne of the main reasons someone would be looking to seller financing is if they cannot qualify for a general conventional/FHA loan & they want to get into a house.
Sandrene Smart
How can I get to borrow earnest money?
25 April 2024 | 21 replies
I had the same general reaction @Chris Seveney did...I like to distinguish between what's possible and what's likelyLots of posters:"I can't believe how high the closing costs are on my loan - no one told me this""I don't have a down payment how do I get one""This tenant turnover is costing me thousands of dollars!"
Raj Patel
Cash flowing with DSCR?
24 April 2024 | 7 replies
Let's assume the property has $313,000 in NOIValued at 6.26 M 5% cap loan $4,695,000P+I annual= $413,400> NOI5.216M 6% cap loan $3,912,000P+I annual= 344,460 > NOI4.47M 7% cap loan $3,352,500P+I annual= $294,708 <NOI cash flow +
John Archer
Pace Morby and his gator lending tribe
26 April 2024 | 47 replies
Now if the gater your talking about is loaning small dollars to wholesalers thats a non starter..
Ling Chen
Looking for RE investment connections in NYC
26 April 2024 | 26 replies
This would be an FHA loan.
Cody Flicek
Young investor seeking the wisdom of others
25 April 2024 | 7 replies
I’d recommend looking for a good deal on a smaller property with less units that you can get either conventional financing on or a DSCR loan.
Chelsae Roach
How is PMI determined and best lenders to work with in WA state
24 April 2024 | 2 replies
I thought we would qualify for an FHA loan (first time homebuyers here!)
Dustin Owens
Advice/ guidance needed starting out with $100k
25 April 2024 | 25 replies
I’ve looked into FHA, portfolio and even seller financing, but I know with that the term is shorter so how do you go about getting the most out of a loan and stretching the 100k out in the beginning to buy to most amount of properties that I can?
Voltaire G.
Need Help Explaining Terms of Seller Financing
24 April 2024 | 6 replies
How would you explain these buyers terms to the seller. ok. 30 year amortization means the monthly payments are based on a 30 year loan, but at year 20 whatever the balance is they pay it off then (balloon payment)Personally I would NOT accept any of these offers.