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22 March 2024 | 21 replies
I checked out their website.. they are showing C class and probably some D class rentalsCaution they want you to get the loan and they are allegedly going to put some cash into these deals up front.. and you as investor get 60% ownership .. you are suppose to refi out in 5 years and pay them their cash plus 40% of the equity..
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20 March 2024 | 6 replies
Student rentals and commercial are almost always pre-leased.
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21 March 2024 | 2 replies
I see investors who I have spoken with have issues with appraisals which heavily affect their loans, they have worked with certain companies that don't appraise correctly and even admit to it.
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21 March 2024 | 0 replies
Bank loan for purchase and rehab.
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22 March 2024 | 19 replies
I was thinking about this too.W-2 agent won't qualify from what I read so far.Actually I'm not sure hours spent selling my properties/applying for loan in my IRA account count towards those 750 hours.
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20 March 2024 | 3 replies
DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?
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19 March 2024 | 46 replies
The majority of deals our students close on are ones that our team originally vetted and then set to the student through our portal.
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22 March 2024 | 22 replies
Personally, it's no one's business how many doors you have unless you're seeking a partnership, loan, etc.
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21 March 2024 | 10 replies
Most mixed use lenders have a minimum of 400-500k loan size.
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21 March 2024 | 6 replies
Purchase price: $370,000 Cash invested: $2,500 I'm thrilled to share that I recently purchased a multi-family property with a down payment of just $2,500, thanks to an FHA loan, alongside a generous $17,500 grant from Rhode Island.