Rahul Gupta
Short term rental Hard Money Loans
22 April 2024 | 11 replies
I have used hard money as a sort of bridge to longer financing, for example to fix a place up and stabilize it then move to a 30 year fixed product, whether that be conventional or DSCR.I do not think hard money is a good long term option as it is expensive, and STR's are long term investments in my eyes.
Gabriela Angel
Meeting our first tenants tomorrow
22 April 2024 | 17 replies
I can't tell you how much better a video is than 20-50 pics, and it's easier to keep up with.Google your LLC, if your name comes up as the owner of the LLC, and you told them you were the property manager, nothing will happen-- you will lose credibility, but who cares... so the tenant knows you're a liar, doesn't mean they will move.
Douglas Skipworth
Do you track your net worth?
22 April 2024 | 39 replies
However at any given time liquidating these RE assets if your moving to cash is going to cost you 8 to 20%.. 8% sales costs if nothing needs to be done and values are exactly what you state.. 20% or more discount if you have to rehab or market price softens at the time you have to sell..
Christine Shay
New Member, First Property - Does this make sense?
21 April 2024 | 0 replies
My outstanding loan balance is 163K @ 3.5%I calculated that I'd clear 900/mo after expenses.I was planning to buy my new house for cash, but with the market where I'm moving/buying I'm having to go about 100K over what I was planning, so I'm taking out a 50K loan for that property.
Valerie Williams
Realtor/investor/student of life!
21 April 2024 | 2 replies
I spent 9 years as a LEO before moving into the private sector.
Andre Galaviz
Rules/regulations in Wheat Ridge, CO?
19 April 2024 | 4 replies
Thanks for the tips all, I will call them up and check their website and the link posted here.
Ryan Davis
New MLO - Prospecting for Business
19 April 2024 | 12 replies
My question for experienced MLO's out there is, what are some tips you'd give to a new MLO looking to build business?
Evan Gater
Buying subordinate liens at foreclosure auctions
22 April 2024 | 11 replies
And, the first trust lien holder is not obligated to move quickly.
Scott Trench
What’s Worse? Capital Call? Rescue Preferred Equity? Or Foreclosure
23 April 2024 | 30 replies
So in theory the rate should move down to 150-200bps at least for them "to survive".Will the Fed do it ?