Antonio Bodley
Pace Morby Gator Lending
18 May 2024 | 13 replies
There is not a riskier borrower to lend money to than someone who doesn't have the ability to cover the deposit for a purchase.
TJ Bardossas
Experienced Broker, 1st time investor
17 May 2024 | 8 replies
@TJ BardossasRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
Franc B.
Washer dryer hookup issue in rental
16 May 2024 | 8 replies
Purchase the machine and make it part of the rental?
Austin James
50 unit financing: Unsure of what is standard or what to seek out
16 May 2024 | 4 replies
What is the purchase price and rehab cost?
Mikal MAxim
Cash out Refinance or DSCR Single Family Rental
18 May 2024 | 15 replies
These properties are my children's college education, I acquired them in 2005, only 1 loan no 2nd, never refinanced since purchased, but I am in a dire situation, any advice on where I can get the help I need to save these 2 houses, they both have equity...
Joseph Skoler
Mortgage without SS #
16 May 2024 | 3 replies
I have a very odd situation:I basically bought a house for a friend of mine about a year ago and gave him a 5% interest only loan for the entire purchase/closing/renovation costs.Both he and I would like him to get more permanent financing.But, he does not have a social security number.
Hunter Harmon
House Hacking in San Diego
16 May 2024 | 17 replies
However, he wants to be off the loan within two years of purchase.
Pari Z.
Seeking First Investment Property to Start Build Generational Wealth
17 May 2024 | 12 replies
My main goal is to understand what types of loan products are available, and we are now more open to analyzing out of state purchases.We are eager to make our first purchase within the next 3-6 months.
Cristen Bozeman
Private Lender Terms
16 May 2024 | 7 replies
if I borrow 100k for a BRRRR (purchase plus rehab) and borrow the money for 9 months (purchase and 6 month seasoning before cash-out refi) he is totally fine with me giving him a lump sum after 9 months of $105,941.
Jessica Taylor
Flipping / Funding
17 May 2024 | 9 replies
Initial purchase to buy/rehab should be around ~15%.