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20 March 2024 | 7 replies
100%- most businesses lose money first two years, sometimes RE investing is no different.
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21 March 2024 | 10 replies
I would also ask experienced busy local realtors in your market and see what their opinion is.
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20 March 2024 | 4 replies
Are they about to be put out of business by a new giant competitor?
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20 March 2024 | 14 replies
Good afternoon,So I am starting out, my business partner and I just launch our company.
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20 March 2024 | 1 reply
.- No lockup period- Monthly distributions with no fees- 14 years in the business- Over 2,000 loans originated- Stringent lending process with solid approval guidelines- Promises an 8% hands free return- Combines private cash and IRA investors into a pool for loans- Funds are used by real estate investors to buy and rehab distressed properties which are insured and liens have appropriate title insuranceThey have 300+ inventors, closed 2,000+ loans, $550m+, and 0 loser since 2008 when they opened.
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20 March 2024 | 4 replies
Last year I couldn't do it because I was told that since I reported a loss in my business and i was in negative numbers there was no way that i could get a loan like this one.
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18 March 2024 | 8 replies
Failure to communicate is a sign they are hiding something.
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21 March 2024 | 10 replies
Most hard money work as follows:•Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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20 March 2024 | 0 replies
Looking for a business loan for a dental practice and was wondering if anyone had experience or knowledge about SBG Funding.
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21 March 2024 | 18 replies
The summer months are extremely busy but still has significant bookings in the winter due to all of the winter activities near Mt.