Dan Fendius
How much downpayment is too much?
14 March 2024 | 5 replies
During that 1-2 years, you have had loan buy down and hopefully appreciation in both property value and rent.
Sole Angel
What’s a minimum amount of money to start?
13 March 2024 | 10 replies
Longhorn Investments has been doing it for 15 years (>7500 closed loans).
John Ciallella
Can I buy in my name and transfer to LLC?
13 March 2024 | 17 replies
I have my first property under contract and my loan officer has been working with me for a couple weeks.
Helena Nouzovsky
Individual vs company
13 March 2024 | 2 replies
We need to secure loans/mortgages externally in order to get started so wondering if we should start a company/partnership or if it’s best to do this as individuals.
Rudie Johnson
Loan officer wants to sell his investment property
12 March 2024 | 1 reply
Hi, MLO and investor looking to sell one of his investment properties in GA. Can the MLO recommend buyers to use his broker services on the listing to find lender? What do you reccomend as best approach to get this ac...
Kyle Kline
Financing Options for BRRRR Method?
13 March 2024 | 11 replies
hard money lenders generally specialize in loaning on distressed properties and including the rehab in the loan.
Gabrielle Getts
Bloomington, IN VA Loan officer
11 March 2024 | 1 reply
Hi, I'm a realtor in Bloomington, IN and I want to learn as much as I can about the VA loan process to serve clients.
Harsh Poshti
Auction condo financing
13 March 2024 | 4 replies
I was told by the Trustee, I could finance the condo instead of buying it with all cash.However, since this is auction property and doesn't allow someone to do inspection from inside most of the lender are suggesting that get a hard money loan instead of conventional investment loan.hard money loans are expensive (12% to 13% + origination fees).Does anyone has done this before with conventional investment loan where you don't do the inside appraisal.or any recommendations for lender who can help achieve this?
Sasson Ghebrehiwot
2nd position dscr loans
11 March 2024 | 2 replies
Hey i was wondering if anyone knew any dscr lenders that would be willing to take the 2nd position on a loan, i have a property in Oakland california where the seller is willing to finance 85% of the purchase price at 5% interest, The asking is almost 4.6 million on an 18 unit apartment, i dont have the down payment for the remaining 15% which would be 689,250. the seller is willing to come down on the price and at market the apartment brings in 41,255 per month, tenants pay thier own expenses. i tried calling a couple of lenders but they said they wouldnt take the 2nd position or would only finance until 90%.
Bradley Miller
Need advice on investing with a self-directed IRA.
13 March 2024 | 7 replies
Loans are no ubit.