Kevin Olson
Hard Money lending in my area
2 July 2022 | 19 replies
If a fix n flip you could get 90% if you have experience but 80% there if you do not.There's just no way to pick up a 525k asset in FLA with no money.
Stephanie Ford
How much money do you need when starting out?
30 June 2022 | 8 replies
That's a nice score.If you have no experience we will work with you, but you have to understand no experience doesn't afford you the best of the best of what a fix n flip product has to offer.
Taelonn Harper
How are you funding deals?
2 July 2022 | 5 replies
But now with having to spend 4 - 5 points to get that bottom number on a pricing chart which is only 6.4% or so now, I see people paying less fees for an ARM product and not get locked into a rate for the longterm right now.Hard Money is great for the fix n flip because of the included rehab funds, so if you are a contractor or have a great relationship with a contractor then you can just churn out those 25k - 30k profits every 3 - 4 months.For Long-Term Rental products, HML is good but you can get better at your personal bank or credit union as far as a mortgage price, but those lenders will not lend to an LLC and they have all kinds of qualifications.
Stephanie Ford
Hidden Beauty in The Woods
30 June 2022 | 0 replies
Trying to decide to whether to AIrBNB or do a fix N flip.
Hana N.
Considering using a Heloc to split my current SFU into a duplex
3 August 2022 | 6 replies
Quote from @Hana N.: I have 150k in my Heloc.I am considering three investment options before me as I look at:A.
Dustin Dummer
1031 Exchange Question
5 July 2022 | 5 replies
As @Bill Brandt and @Percy N. have already said, if you've lived in your primary for more than t years you will get up to $500K tax free.
Mike Klarman
Great Opportunity For Investment
5 July 2022 | 6 replies
The house next door to me is up for sale. 16 N.
Chris Gundersen
Less than 20% Down on Small MFR
8 August 2022 | 10 replies
He works at A&N mortgage here in Chicago and they have a great 10% down product.