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19 June 2024 | 32 replies
PennyMac will definitely not allow this.They do conforming loans, conforming loans cannot be in an LLC.You would need to refinance into a NON QM Loan.I would consider a DSCR Loan depending on the LTV and your DTI.With a low LTV a DSCR Loan can price out the same or less than a conventional loan.You then calculate how many years worth of tax savings it would take in order to recoup closing costs to see if it's worth doing it.Feel free to reach out I can give you a quote in minutes with no credit pull.
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16 June 2024 | 2 replies
@Kaycie GunnIf you want debt financing hard money or private money lenders will fund with typically 25% down paymentIf you are looking to syndicate and raise money from investors then that is a different animal and you will need to file an sec exemption to raise money and depending on your experience it could be moderately challenging to near impossible.
16 June 2024 | 5 replies
@Jarrod Patterson Depends on the reason for the temporary need from a local, also you have to screen financials some of these people may not be viable candidates even if they think they are.
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16 June 2024 | 14 replies
You will not only learn about fix and flip you will learn about wholesale, hard money, Design, scale your business and it is a Real Estate Acadamy all topics grouped together.The ProjectRE is not like where 3000 students in one class and you don't get your questions answered you get to talk to expert who flipped 3000 plus homes.
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17 June 2024 | 14 replies
Depending on how expensive their auto insurance is, the Renters Insurance might even be FREE!
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16 June 2024 | 4 replies
As Nathan said, how long it takes to get them out depends if they are month to month or on an annual lease.
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18 June 2024 | 26 replies
Which will bring plenty of other investors and general business to the area.
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16 June 2024 | 1 reply
New Member here, I live in palmetto, I'm looking to grow my business, I'm new to real estate investing but not new to home investing, I own c2cmobilehomes.com amd sell roughly 400 mobile homes a year but all on rented land, I'm in the middle of my 1st real property investment, hoping it goes good and I have many more in the future, if there are any wholesalers in the area of manatee Sarasota I'm looking and ready to buy rehab properties...
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15 June 2024 | 32 replies
On top of that, you already understand the LTR business.
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18 June 2024 | 17 replies
Sorry I couldn’t make it to DME this year to meet you and seller…busy time of year.