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4 May 2024 | 6 replies
But the lenders have been a nightmare, there was a small amount of seepage in the appraisal and they want it fixed before close.
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4 May 2024 | 3 replies
It appears quickbooks and a separate loan manager application or rent manager have the “lender” feature I am looking for.
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5 May 2024 | 9 replies
@Alberto Cioni Typically, the broker commissions within a DST investment are 4-6%, and the rest of the fees are used by the sponsor to structure the offering, marketing fees, lender fees, reserves (any remaining returned at disposition), etc.
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4 May 2024 | 3 replies
Some lenders will offer you 100% financing but it will be expensive money to borrow.
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4 May 2024 | 2 replies
We have the capital to weather the slow seasons and yes the mortgage is our biggest expense about 55%-60% not including taxes/insurance.
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1 May 2024 | 16 replies
Many lenders have policies in place that restrict or prohibit transferring a mortgage to an LLC, especially if the property is not your primary residence.
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4 May 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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4 May 2024 | 0 replies
Conventional mortgage - investment What was the outcome?
3 May 2024 | 12 replies
What you generally care about, however, is the actual & current revenue.Once you start to focus in on a property that looks like it might be a good fit, the next conversation is with a commercial mortgage broker (I would be one example, among many) to go over what the financing of that property might look like.
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4 May 2024 | 3 replies
Take Home Pay: Approx $105K/YearMoving to Colorado in the next 6-9 months Living with a friend for extreme discounted rate Own two homes, one in Colorado cash flows around $250 , one in Florida (property of topic) [Mortgage$3200 HOA $440]