5 March 2024 | 7 replies
This cash flow is net of all property expenses, including loan, if any.
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4 March 2024 | 46 replies
Please see attached the first email they sent me and pictures of the PDF they sent when asked for loan terms.
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5 March 2024 | 70 replies
I was paying $200 mo in rent and the new loan payment was $900+.
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4 March 2024 | 1 reply
I would consider a HELOC on an existing property and just do cash or a Hard Money Loan that can lend to that low of property price/total loan amount.
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5 March 2024 | 199 replies
One of the obstacles I've run into so far is that I'd like to find a lender who is willing to finance a Homestyle loan so that I can do some renovations.
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4 March 2024 | 9 replies
My entire 33+ year career has been filled with loan requests from people wanting to buy a home using ARV instead of LTC and get a check back at closing.
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5 March 2024 | 18 replies
You are only putting 5% down so your loan amount is much larger and therefore your mortgage payment.I would consider your net worth ROI.
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4 March 2024 | 15 replies
The easiest way to initially figure out if a deal is a good deal or not (for fix and flips) is by doing the formula every lender uses to qualify a loan (70 to 75% maximum of the ARV).