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27 February 2024 | 21 replies
Can this be beneficial in the eyes of the lender and help secure the loan?
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27 February 2024 | 3 replies
If I take over the loan, does it mean the seller can't borrow any money anymore if he wants to buy a house in the future, since the loan is still under his name?
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27 February 2024 | 0 replies
#RealEstateInvesting #downpayments #CashValue Hard Money Loans with a Twist!
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27 February 2024 | 11 replies
You typically need (2) years of 1099 income to qualify unless you use a Bank statement loan or DSCR.I would also consider getting your real estate license its not hard or very time consuming.
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27 February 2024 | 2053 replies
That said, some loan costs are capitalized as a separate asset and amortized over the life of the loan.
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27 February 2024 | 4 replies
Feel free to use me as a resource for any loan related questions.
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27 February 2024 | 7 replies
I'd love to get deals under my belt, but I do not have liquidity for that, nor do I want to be burdened with hard money loans.
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27 February 2024 | 6 replies
I should add that he is also obtaining the financing on the property (i.e. the loan is in his name).
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26 February 2024 | 9 replies
There are loans available for real estate investments, such as traditional bank loans, hard money loans, or private lenders.
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26 February 2024 | 2 replies
This will have a significant impact on your loans, especially on lower balance loans or loans with low payments.