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13 May 2024 | 3 replies
Most of the properties I have available are $300,000-700,000; so if a hard money lender requires 25% down, with closing costs of 1-2%, and the hard money lender wants $20,000 in reserves, plus 1% to the hard money lender, we're looking at anywhere between $104,000 to $216,000 out of pocket costs.
14 May 2024 | 7 replies
GREAT agents, lenders, contractors, wholesalers, etc. are worth their weight in gold.
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11 May 2024 | 10 replies
Housing providers are required to renew tenant lease agreements unless they have legal cause to non-renew (now called a no-fault eviction)Previously, all lease agreements had a start date and an end date.
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11 May 2024 | 37 replies
While this is helpful, you'll get the same help from BP, a network and public FB REI groups.
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13 May 2024 | 2 replies
Hey all, first post here and excited to be a part of the community.I would like advice from experienced investors on their recommended incorporation structure for a business that will raise money from external investors to use in funding equity requirements of lenders in in fix/flips and BRRRR rentals.
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13 May 2024 | 3 replies
Connect with lenders and brokers and find a mentor doing what you want to do.
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13 May 2024 | 2 replies
Some lenders won't share appraisals with anyone but their client -- just had this happen to me, so my buyer can ask me questions, but if the lender won't discuss it with me, then I am very limited in ability to assist.
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13 May 2024 | 11 replies
Granite offers natural beauty with unique veining and patterns, while quartz provides a wider range of color options and is non-porous, making it resistant to stains and bacteria.
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13 May 2024 | 12 replies
I'm looking forward to networking, and meeting like-minded individuals, maybe future partners, lenders, agents, contractors, etc.
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13 May 2024 | 3 replies
It will have to be a private loan, hard money, a portfolio lender or cash of your own.