Travis Mire
Stessa Loan Principle entry
5 February 2024 | 0 replies
I used a private lendor to fund the re-hab (cash) and owner financed the purchase price (minus down payment) I have a bank account linked to Stessa and I see the cash deposit in the transaction tab.
Hector Murguia
Dollar and a dream.
6 February 2024 | 2 replies
I’m really into value add real estate strategies, buy and hold, raw land, trailer parks, tiny homes, micro units, agriculture, sub-to, creative finance.
Shane Bishop
HUD Listings: PROS VS. CONS
5 February 2024 | 5 replies
This affordability can be especially beneficial for first-time homebuyers or those looking for investment opportunities.Various Financing Options: HUD offers a variety of financing options, including FHA loans, making it easier for buyers to secure financing for the purchase of a HUD property.
Carlos Hernández
Any suggestions for investing local or out of state?
6 February 2024 | 16 replies
This is what I suggest for the average person with a full time job and limited time.Of course you have to do all of the other personal finance stuff too like living below your means, reducing your means/expenses, and increasing your income with a HIS (high income skill).If you are going to flip just make sure you have 6-12 months reserves to live on and to carry the monthly private or hard money payment while you're in the midst of your project so you're not left out high and dry.Best,@Matthew Kwan@Carlos Valencia
Amy Gonzalez
Investing in Mexico
6 February 2024 | 14 replies
My price will be lower than that of the developer and I will offer financing to the buyer at a great interest rate, much lower than the interest rate in Mexico.
Sejin Kim
How many lenders(brokers) do you contact?
6 February 2024 | 8 replies
Thank you :) I don't think you necessarily need to have a lender in the state we are going to be buying, but you do need to have a lender that is familiar with that state and what financing options are going to be available as well as what things may affect their loan like the cost of insurance.
Ron Hollingsworth
Something Better Than Hard Money
5 February 2024 | 13 replies
Just use a HELOC to finance your flips or work with one hard money lender that you can maintain a relationship with.
Reagan Huefner
Owner Build House Hack?
5 February 2024 | 2 replies
I then transitioned to non-owner-occupied bank financed deals and then onto BRRRR deals using private lender financing which allowed me to scale up much faster over the last 5 years.
Kenny Simpson
20 year Loan officer and RE investor. What questions can I answer?
5 February 2024 | 19 replies
My wife has been doing commercial financing and we know where the best debt for construction is in todays market.
Jonathan Abrado
First Deal- Analysis Paralysis and Unsure If Good Deal
5 February 2024 | 4 replies
Originally was trying to do a seller finance deal and they were open to it, but things got a little complicated.