
19 March 2024 | 9 replies
They are also going to charge you something like 3-5% loan origination fee.

19 March 2024 | 18 replies
How many years is the loan for and at what % interest?

20 March 2024 | 16 replies
Are you expected to make payments on the hard money loan during that time ?

19 March 2024 | 13 replies
Tell them your purchase price, work that needs to be done, and ARV as you're vetting them.Documents Needed for a Hard Money Loan might include:LLC DocumentsYour Credit ReportCompany Bank InformationYour IDSigned Purchase ContractRehab Budget Track Record of SuccessEvery hard money lender has different requirements, so some of these may vary.

19 March 2024 | 1 reply
Portfolio loan for remainder with some repairs built in.

19 March 2024 | 11 replies
Did you get a commercial loan for the LLC or are you planning on purchasing via a residential mortgage and transferring?

20 March 2024 | 14 replies
Surprisingly, many of those markets have a few 5-10 unit deals that you can buy and use a 30-year DSCR loan to finance.

19 March 2024 | 10 replies
A lot of my loans are business purpose loans which need to be in an LLC so I built everything through LLC, but again everyone has different scenarios.

19 March 2024 | 17 replies
If you have multiple loans the ones with the most months remaining will cost the least and save the most.