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14 March 2024 | 12 replies
@Danny Van1) No state requirements2) Most mortgages only require borrower to owner-occupy property for first 12 months of loan.
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13 March 2024 | 7 replies
Even for just one type of loan, each lender has can have their own index and spread.
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13 March 2024 | 26 replies
I'd like to loan around $25k to start, but I'm undecided on loan terms, so any guidance in that area would be great.
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14 March 2024 | 5 replies
During that 1-2 years, you have had loan buy down and hopefully appreciation in both property value and rent.
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13 March 2024 | 10 replies
Longhorn Investments has been doing it for 15 years (>7500 closed loans).
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13 March 2024 | 17 replies
I have my first property under contract and my loan officer has been working with me for a couple weeks.
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13 March 2024 | 2 replies
We need to secure loans/mortgages externally in order to get started so wondering if we should start a company/partnership or if it’s best to do this as individuals.
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13 March 2024 | 11 replies
hard money lenders generally specialize in loaning on distressed properties and including the rehab in the loan.
12 March 2024 | 1 reply
Hi, MLO and investor looking to sell one of his investment properties in GA. Can the MLO recommend buyers to use his broker services on the listing to find lender? What do you reccomend as best approach to get this ac...
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13 March 2024 | 4 replies
I was told by the Trustee, I could finance the condo instead of buying it with all cash.However, since this is auction property and doesn't allow someone to do inspection from inside most of the lender are suggesting that get a hard money loan instead of conventional investment loan.hard money loans are expensive (12% to 13% + origination fees).Does anyone has done this before with conventional investment loan where you don't do the inside appraisal.or any recommendations for lender who can help achieve this?