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17 June 2024 | 7 replies
I also will want payments to start at 6 months as my loans are typically that term.
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17 June 2024 | 8 replies
Turn Key can mean a lot of things to different people, I've seen "turn-key" with what appears to be the original, 50's era kitchen and bath.
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18 June 2024 | 14 replies
It makes it more risky with vacancies/turnover and if an investor needs/wants to exit quickly.2) Our price points are very low entry so many can easily purchase with all cash.We also choose to not deal with the logistics of when it comes to selling a property via finance.I have always believed that "less is more" and could easily triple our sales volume if we wanted to sell via financing.So at the end of the day it's a decision which in our eyes protects investors long term interests and a business decision to minimize financing hassles on the back end.Much success
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16 June 2024 | 16 replies
You'll get better loan terms and lower interest if you owner occupy.
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16 June 2024 | 12 replies
They both helped.In terms of what I would do starting out in business if I were to do it again, I would recommend working for a larger team to learn their sales process and have practice in the field.
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17 June 2024 | 14 replies
Find a local hard money lender, you'll get the quickest underwriting approval and best terms.
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16 June 2024 | 3 replies
With SB13 allowing bootlegged safe units and the likely extension to the 5 year window due to the shortage of units, I am unsure there is much risk in the near term.
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17 June 2024 | 3 replies
Our realtors are based in Minnesota and originally estimated $5,000.
13 June 2024 | 0 replies
Hello all, I just relocated to St. Louis and I am seeking to rent for a few months. Let me know what you have available; thank you.
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16 June 2024 | 2 replies
Quote from @Neil Warren: Hard money loans are at higher-interest rates and for shorter terms, meaning you will pay them back quickly, usually in 12 months or less.You should not borrow 100% of the purchase price.