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4 March 2019 | 5 replies
I understood it to mean pretty much what is wrote above but my lender said she couldn't lend on it so I asked if we could do a re-fi on a SFR that we own and that's how we ended up doing it.
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10 May 2019 | 58 replies
It is very important for syndicators to have a proven track record.
3 March 2019 | 8 replies
The assed tax value currently is 208k as I have fought the county to keep price down to lower taxes.I believe if I had this re assed it would come in close to 280 based on the area and work I did to the property.Any ideas/suggestions on pulling equity out in high tax area or strategy to leverage would be greatly appreciated.Cheers all The assessed value has nothing to do with what a bank will lend against a property.
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27 March 2019 | 2 replies
I'm sure this choice has tax implications, liability implications, maybe lending implications, and definitely implications I'm not thinking about.
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4 March 2019 | 5 replies
It's my understanding that commercial loans generally require 1.25 DSC, and as someone that recently entered REI in 2018, a lot of the duplex and SFH don't meet the commercial lending requirement because the large metro markets appreciated faster than rent in the last 4 years in an rising interest rate environment.What are some other options that I could do to remove the rental loans off my credit records?
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2 March 2019 | 1 reply
Anyone know of a lender that can lend in Luzerne County and is able to help with the delayed financing exemption to refi a multi?
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2 March 2019 | 2 replies
Do you struggle to find lending?
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5 March 2019 | 6 replies
Was looking for any recos from experience in Houston and surrounding areas (Spring, Woodlands, Katy, Conroe, or any others) for apartment investing, as well as property managers in the area (ideally dealing with buildings up to 100 unit range, but am of course open to those with higher experience since I will most likely syndicate).
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4 June 2019 | 5 replies
Syndicators and passive investors—Other than deal flow, what is the #1 problem in your business that you would pay someone well to solve?
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4 March 2019 | 4 replies
Hello, so I'm currently lending to another investor using my LLC.