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23 July 2024 | 12 replies
Most are looking for contracts to use/the best contract terms to include and also identifying investor-friendly title companies in the areas they are trying to work.
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18 July 2024 | 23 replies
There are lenders doing loans outside of Fannie and Freddie.
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18 July 2024 | 11 replies
Hello-New to hard money but not to rentals, I own 5 doors that I have funded myself but want to keep some reserves so looking into hard money for my next deal and will refinance into a conventional loan to keep the property.Are these typical hard money terms or is this too much?
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20 July 2024 | 10 replies
-ARV - 500k-Purchase Price - 400k (needs full renovation set 50k) - Down Payment - 20%-1st Hard Money Loan - 250k interest only 3 year term -2nd - Hard Money Loan - 70k interest only (interest accrues to earlier of end of term/sale/refinance) -Rate TBD but assume around 10%Investor would get a discount on ARV and be cash flow positive during the holding period.
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23 July 2024 | 4 replies
Long term rentals are tough but maybe you could try looking into STR.
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23 July 2024 | 0 replies
Negotiations were conducted efficiently, securing the property for $100,000 with favorable terms.
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22 July 2024 | 120 replies
Canceling student loan debt, 0 precedent for it, 0 authority, they did it anyways.
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20 July 2024 | 10 replies
You will still own that loan and personally guaranty that loan.
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22 July 2024 | 12 replies
Has anyone referred to the terms of the lease?
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23 July 2024 | 3 replies
Can’t be more than four units because I will be purchasing via a VA loan.