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11 March 2024 | 6 replies
We are currently renting and our landlord has given us a great rent rate and we ideally want to focus on long-term rentals and utilizing BRRR for our portfolio.Our current market we live in is Las Vegas, NV which is a great city for growth, but it's been tough right now to find any cash flowing properties within our loan amount from our NV lender.
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12 March 2024 | 40 replies
Honestly, it's hard to get SFR to cash flow these days if you're getting a loan.
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10 March 2024 | 15 replies
Does anyone have a source for hardmoney or some type of house flipping loan they would recommend?
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11 March 2024 | 4 replies
I got an estimate for an investment loan for a condo.
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11 March 2024 | 14 replies
They're currently trying to work with Congress to ease regulations on them (That are in place for a reason) because they are maxed out on margin but still trying to loan out money.
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11 March 2024 | 11 replies
Yes, you both will be on the loan and it would increase your buying power.
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11 March 2024 | 19 replies
On our most recent purchase, we bought a home with an assumable loan which allowed us to reduce our monthly mortgage payment by over $1,100 because we assumed a loan with a 3.08% rate instead of taking out a new loan (at that time) with a 7.5% rate!
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11 March 2024 | 10 replies
Feel free to use me as a resource for any loan-related questions.
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11 March 2024 | 3 replies
Depending on your current credit situation, some private money lenders are starting to do DSCR loans on STRs.
11 March 2024 | 7 replies
For financing, you can look into a DSCR loan, which the lender will use the potential income for the property to underwrite the loan.