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22 October 2024 | 19 replies
Private Money Lenders:Pros: If you have a network of private investors, you can find individuals who lend money for a share of the profits.
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23 October 2024 | 10 replies
We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.
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23 October 2024 | 1 reply
For the individual renter their income determines how much Section 8 will pay, not to exceed 40% of the tenants income.
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24 October 2024 | 12 replies
Rather, the income from those entities flow-through to your individual tax return (Form 1040), where it's taxed along with all your other sources of personal income.
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27 October 2024 | 24 replies
Just to clarify, the individual you are replying to received their refund within days, as we noted earlier.
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24 October 2024 | 16 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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23 October 2024 | 7 replies
I have an opportunity to raise capital with a private individual at a flat interest-only rate as a way to reduce interest charges and eliminate origination and service fees.
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24 October 2024 | 11 replies
One particular lender and when I say Lender, I’m talking about the individual loan officer that we have worked with in the past had a number of his Lending policies changed so we had to start using someone else when he did not have a product that fit .I realize that a number of the replies have come from lenders themselves so they’re looking for faithful customers.
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25 October 2024 | 17 replies
It’d be great to know a little more about your market preferences and non-negotiables, since Alabama’s pretty diverse in terms of what it can offer.For example, the Huntsville area is a much higher-growth market than Birmingham, and the median home in each area is priced accordingly to reflect that difference.Even individual markets can vary widely by zip code—properties in a Birmingham suburb like Forestdale are going to fetch dramatically different rents than homes in a neighborhood like Mountain Brook or Vestavia Hills.In any case, let us know what your buying criteria look like, and we can give more pointed recommendations.
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22 October 2024 | 0 replies
I know partial assumable loans were (and still are to some extent) pretty common place in commercial real estate financings, but does anyone know of a residential real estate lender who offers partial assumable loans on individual mortgages?