Casey S.
Nesting an LLC after closing & legality
23 March 2024 | 1 reply
After buying a property via DSCR loan with an un-nested LLC, can I legally move that LLC into my corporate structure so it would be owned by a nested LLC?
Justen Ashcraft
Occupancy question
21 March 2024 | 3 replies
Other paperwork in your loan file may be able to conclude how they treated the Occupancy.
Jenny Scott
Is investing 200k new builds a good idea around Birmingham Alabama?
23 March 2024 | 10 replies
Go DSCR and up the LTV to 80% if it will debt service if not keep it at 75%.Second option is get a portfolio loan you are buying more then 3 properties.DM with any questions if you want to understand blanket portfolio loans.
Jack Phillips
Where do I find Hard Money/Private lenders?
23 March 2024 | 4 replies
For example, I work with dozens of national private lenders who fund rehab projects, new construction, and 30-year fixed loans for rental properties.
Nicholas Pisano
Seeking Agent, GC & Lender in Hudson Valley. Rehab Duplex or SplitLevel for HouseHack
23 March 2024 | 1 reply
Refinance into a conventional loan at 75LTV.
Joshua Walker
FHA Loan Appraisal -Safety Issues
21 March 2024 | 1 reply
However, several properties that are the exact same had no problem with the FHA loan and the county says the stairs are to code.
Greg Ruff
The Saco Summer House
23 March 2024 | 4 replies
Purchase price: $350,000 Cash invested: $10,000 Sale price: $450,000 Bought this single family residence in 2021as my primary residence using a 0% down loan to get in.
Jim Froehlich
Multiple Lot Collateral for Construction Loans or Subordination?
21 March 2024 | 8 replies
Smart people - if I own 24 buildable lots appraised ~$1.6-1.8 million in total (assessed by town at $1.4M), what do you think is the best way to build out the homes (notionally $300-400K builds/$450-550K sells) and make money: a) putting the least money out of pocket into project, and b) NOT signing on construction loan(s) if possible?
Inga Davis
BRRRR cash out refi - higher interest rate to get 80% LTV instead of 75%?
23 March 2024 | 9 replies
I did some more calculations and it seems that I would be able to pay the heloc off with the extra cash flow if I do the 75%ltv loan at 7.5% interest.
Juliet Banks
Subject to Attorney
23 March 2024 | 9 replies
i dont consider not being able to find an attorney a red flag, is just that they're not insured to do these kind of transactions i found out. i'm sure that other investors are doing subject to deals in north carolina and they're probably using an attorney, or this can also be done by you without an attorney, just need an attorney to prepare the deed. as far as the seller is concern, they have three choices when facing foreclosure, they can catch up their payments on their own, get help from an investor to make up the back payments and take over the loan and make the monthly payments until they're able to cash out and pay off the loan, and third,just go through the foreclosure and completely ruin their credit and i mean very bad credit.