30 year fixed rate MortgageHow did you add value to the deal?

However, be mindful of the higher interest rates and fees associated with hard money loans compared to traditional financing.

We just add the percentage of the listing channel back into the nightly rate.

:DBtw, on the rare occasion that the appraisal does come in low, it's generally still at the high end of the potential value range (often higher than it probably should be), so I just drop the price of the sale to the appraised value and am happy that I still got the highest valuation possible...I also find it interesting how many times you mention increasing your fee for "extra work"; I've never ever had an appraiser increase his fee before (I normally pay for my buyer's appraisals so I would know), so I find it interesting that you seem look for an opportunity to do so.

Just for the accidental times when they have the bathroom heat off because its hot out and they go on vacation for 3 weeks with the door closed and the temp here drops under freezing.

Not owning the land limits loan options even further and pushes rates higher.

Hello there, feel free to comment below or send me a direct message with your information regarding rates, cost, and turnaround times.

Invest in a different sector if you're worried about prices dropping in the short term and want high liquidity.

When talking terms, be ready to discuss interest rates and the loan-to-value ratio, making sure the deal works well for your business goals.

@Gavin JexSo you want a bank loan and then seller finance as wellA bank would not be in second position so they as the owner / lender would be in second.Also 0% they would still be responsible for taxes on that at AFR so if your payment is $300/mo the loan would go off federal rates so they would essentially have to claim around $5k in interest income which would be ordinary income so they may end up paying all of your payment in taxes… just fyi if they did speak with someone on thisSounds like a steal if deal for you