Aya Kim
New to the Platform: Seeking Professional Connections
5 April 2024 | 2 replies
My name is Aya and I'm excited to dive into the world of real estate and property management.As a newcomer, I'm eager to learn from experienced mentors, real estate agents, lenders, contractors/handymen, bookkeepers, CPAs, lawyers, insurance agents, and property managers.
Jeff Anderson
Are SDIRA proceeds tax-free when I am already in retirement?
5 April 2024 | 5 replies
I've been approached by a local real estate investor to become his "private lender" on fix and flips he does.
Sean Winchell
Questions about loans on new construction
5 April 2024 | 3 replies
Even if the selller was willing to subordinate and be in junior/2nd position to the new construction loan, I don't think the construction lender would like there being another note on the property.
Dominic Richardson
Thoughts on flipping a mobile home.
5 April 2024 | 10 replies
A home on a rented lot is harder to sell because of mortgage / borrowing restrictions (educate yourself on local lenders too).
Esther Rivera
What to do with a Silent Partner
5 April 2024 | 7 replies
What would be a decent payment structure and interest rate to offer the lender?
Jonathan Jones
New investor / buyer
5 April 2024 | 5 replies
Ideally, a 3 bed 2 bath or more and creative finance must be an option.For agents, wholesalers, and private lenders, I am willing to structure shared ownership/partnership deals so we all win together.
Johnny McKeon
Quoted over 8% interest rate for owner-occupied fannie mae 5% down 4plex
3 April 2024 | 5 replies
I thought owner occupied loans are supposed be lower interest rates then non-owner occupied loans or DSCR loans also I asked the lender if she could adjust the purchase price to $750,000 to see if that would lower the interest rate and the interest rate actually went up to 8.625% and pay 0.353 points I'm thinking I should find a mortgage broker that can quote me with multiple lenders to shop the rate and loan costs instead of a direct lender Thank you for the help!
Arthur Vivero
wholesale deal under contract - private lender to buy the deal ourselves for flip
3 April 2024 | 0 replies
this is me and my partners 1st deal we got 14 days to find a buyer/ or find another exit strategy.My question is, how can me and my partner work with a private lender to get this deal closed if our buyers we made contact with are not serious about closing but we know there is money to be made in the deal!?
Gaudys Rivas
HAS ANYBODY USE RESIDENTIAL CAPITAL PARTNERS BASED IN TEXAS ?
5 April 2024 | 3 replies
I am a buy and hold investor in Florida looking for an asset based lender to refinance a Condo .
Eyal Goren
Low number of rentals in a neighborhood - good or bad?
4 April 2024 | 2 replies
You can get top dollar likely, but it still needs to be reasonable and comparable. if it’s a declining town with not many attractions or amenities, then it’s likely there’s no rentals available because nobody wants to live there. mot sounds like you may be describing more situation #1, in which case it’s a ripe opportunity if you can get a deal on a property