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14 May 2024 | 2 replies
@Alanna ThomasIf you financed your property through a lender that escrows for your taxes and insurance - that stays in place regardless of what you do with the property (ie rent it out, etc).
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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 | 18 replies
Does anyone know any lender that does this?
14 May 2024 | 3 replies
This was the first property I found that would cash flow with a 30-year mortgage with 20% down.
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14 May 2024 | 4 replies
I am struggling to find any lenders that will do a line not a term loan.
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15 May 2024 | 7 replies
That was enough to get me through the door but his company offered a few other things I didn't expect such as an intro to the lender, title company, insurance agent, and property management team.
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15 May 2024 | 3 replies
If, instead of a partnership, you take the role of a lender, your money will be safer.
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13 May 2024 | 6 replies
If you finance at 25% down, 25 year amortization and a 7% rate you will not cover mortgage and interest let alone insurance, taxes, vacancy, repair, etc.
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13 May 2024 | 1 reply
It seems like there aren’t a lot of lenders that know this product, and my research seems to show conflicting opinions on if fha multifamily new construction loans are possible.
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15 May 2024 | 7 replies
If it is a refinance, we would look to pay off any current mortgages, finance the closing costs, get some cash-out if desired, and fund the rehab.