Madison Sobol
Seeking local Lenders
20 March 2024 | 7 replies
Are you looking for just a vanilla conventional loan on an owner-occ SFR here in Austin?
Maria Putnam
Looking for Guidance on a Flip
19 March 2024 | 9 replies
They are also going to charge you something like 3-5% loan origination fee.
Carlos Bernardez
Investing in Brazil
19 March 2024 | 18 replies
How many years is the loan for and at what % interest?
Jerri Diaz
New Investor Strategies
20 March 2024 | 16 replies
Are you expected to make payments on the hard money loan during that time ?
Michael Nelson
What do Hard money and private lenders need to see
19 March 2024 | 13 replies
Tell them your purchase price, work that needs to be done, and ARV as you're vetting them.Documents Needed for a Hard Money Loan might include:LLC DocumentsYour Credit ReportCompany Bank InformationYour IDSigned Purchase ContractRehab Budget Track Record of SuccessEvery hard money lender has different requirements, so some of these may vary.
Christine Ohlendorf
Special Purpose LLC for professionally managed property? (Central Texas area)
19 March 2024 | 1 reply
Portfolio loan for remainder with some repairs built in.
Jacob Rocha
Ken Weiner
Anderson Business Advisors
20 March 2024 | 193 replies
By the way transferring property to a trust that is not a testamentary trust invokes the same right to call the loan as transferring to an LLC.
Lamont Booth
Who's the Host?
19 March 2024 | 11 replies
Did you get a commercial loan for the LLC or are you planning on purchasing via a residential mortgage and transferring?
Steven Whipple
Lender changed the terms and now the deal doesn't pencil
17 March 2024 | 12 replies
Last night I got an email from the loan officer telling us the underwriter says the loan looks like predatory lending and raised the rate by 5/8 of a percentage.