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13 November 2018 | 4 replies
one option is try to wire the money from bank to bank, something like this happened to me but I paid everything to escrow and they paid my collector. most of the collecto information addresses and phone number should be on your credit report.
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13 November 2018 | 0 replies
About a third are paid off and my reserves and bank accounts allow me to loan some money without jeopardizing my business.I am a leading member of my local REIA and have met with someone from the group who has flipped abut 6-7 houses and is interested in working with me on her next flip.
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27 December 2018 | 8 replies
The online sales across the USA of bank-owned properties allow a window before closing that hard money (and private $) lenders need - often times you pay 5% of the winning online bid and your closing 30+ days later works for the requirements of the lenders.
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14 November 2018 | 10 replies
Can you explain in more lay terms what you mean by "most lenders on the refi will allow 70-75% LTV?
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3 December 2018 | 3 replies
Portfolio loan local bank, 20% down How did you add value to the deal?
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13 November 2018 | 3 replies
@Joshua Von Schlutter if you are using a conventional loan, Fannie/Freddie will allow 15% down...some banks don't follow this rule but it is possible to get 15% down on an investment property.
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14 November 2018 | 7 replies
Could you explain to the tenants the cost of using CCs and pass that fee onto them for using something other than cash or check?
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10 December 2018 | 5 replies
Then locate some commercial lenders, recommend some local and regional banks and tell them whats going on and what your plan is.
15 December 2018 | 10 replies
Hi everybody.Maybe I'm a dummy but could you explain the Financing thing to me.Let's say I save $10k.
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26 November 2018 | 15 replies
First, rather than posting that you don't know anything, focus on explaining what you do know, what you are good at, and what aspects of your background could help you as an multifamily investor.More specifically, here are a few ways to break into multifamily with no experience:Past business experience: if you have a strong business background (i.e., been promoted, held a high level position at a large company, started your own business), you can leverage your track record and translate your skills into multifamilyThought leadership platform: create an interview-based podcast, blog, YouTube channel, start a meetup group.