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19 February 2024 | 10 replies
Really depends on the area you like the best!
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20 February 2024 | 12 replies
Also depends on how much capital you can raise, your experience, and what returns your investor base is expecting.
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19 February 2024 | 15 replies
@Daniel Suarez, Another option depending on your desire to go deeper into the sec 8 world would be to 1031 and purchase multiple less expensive properties.
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20 February 2024 | 62 replies
One thing to consider is how fast can you get the job done vs hiring out, and is your rental available dependent on when the painting is done?
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16 February 2024 | 4 replies
DSCR REFI qoute loan amount: 112,000rate: 8.99points fees and cost: 11,576cash out value: 16,424Bridge loan. 84,000 interest only 12 months at 11.99% property will rent for 2000 at a 1.76 DSCR score. thank you
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20 February 2024 | 7 replies
This can be amplified depend on local laws and cost to evict.
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19 February 2024 | 15 replies
Depending on your investment strategy / goals, there may be other options rather than creating multiple LLC's.
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20 February 2024 | 15 replies
Depending on location and condition recent rents for a one bedroom are $12-1500 and 2-3 bedrooms are from $1500-2300.
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19 February 2024 | 3 replies
The downfalls are that customization can be limited depending on the company and also you will need very clear access to the site to deliver the pieces of the home and drop them into place.
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20 February 2024 | 16 replies
With that, we became the American Association of Private Lenders—and we began spreading the word.Finally, Some DefinitionsUnderpinning the concept of minimizing the use of “hard money” in our industry is a recurring theme of standardization—that the root of the issue is too many interpretations of what the same terms mean.We offer up the following definitions for discussion, debate, fine-tuning, and eventual consensus [last updated 5/9/2022]:Private lender: Any non-depository individual or entity that primarily originates business-purpose loans secured by hard assets, generally real estate.Hard money lender: A subset of private lender where creditworthiness is determined solely by the securing real estate collateral.Correspondent lender: A subset of private lender where the closed loan is sold to investors.Portfolio lender: A subset of private lender where the closed loan remains in the lender’s portfolio.Fund manager: A subset of private lender where, depending on the fund structure, the deployed capital is sourced by offering exempted securities to accredited and occasionally non-accredited private investors.Private investor: An individual or entity that seeks a return by deploying capital through a private lender or fund; the investor may or may not be named on the loan’s promissory note.Private money broker: Any individual or entity that acts as an intermediary between a borrower and a private lender without directly originating the loan.