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15 May 2024 | 12 replies
Some lenders I've talked with have stopped adding any new clients who are home builders.
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12 May 2024 | 4 replies
I never knew that there was a public master plan for each city.
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13 May 2024 | 1 reply
There is not a way to get cash out on creative finance, unless you involve an unwary private lender at great risk to both lenders.
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14 May 2024 | 21 replies
Most hard money lenders will offer these products, but not all are created equal.
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14 May 2024 | 4 replies
This includes working with a knowledgeable agent familiar with your investment area, finding trustworthy local contractors for your projects, securing responsive insurance agents, partnering with investor-friendly title companies, and connecting with lenders offering suitable financing for your strategy.With your goals set and team in place, you should feel more confident in your approach.
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13 May 2024 | 7 replies
Lenders are not giving HELOC's over 80% LTV.
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13 May 2024 | 2 replies
2) Lenders - where did you find success in your early days building a network and pipeline of actionable investment opportunities?
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13 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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13 May 2024 | 4 replies
Hi masters,I have a question about the county mortgage tax when purchasing a property.I'm quoting a mortgage from 3 lenders for a small multi-family in Bushwick/Ridgewood area (Brooklyn NY), and one of them estimated the county mortgage tax in their quote when the other 2 didn't.If anyone has some knowledges to share with this, I would appreciate it.
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13 May 2024 | 7 replies
I believe the most I can ask is 2% for concessions but I’m wondering how the process would work for holding funds in escrow for repairs and satisfying the lender.