Brandon Vu
Should I buy now or wait?
18 August 2016 | 7 replies
Feel free to PM me if you need any additional info.
Jayson H.
Lender admits appraisal is for "liquidation" value!
17 August 2016 | 12 replies
Yes, if you pay, you get a copy.It's a CU, not a bank, sounds like a portfolio loan and not a secondary market product, so yes, the can evaluate the collateral as they please, but they are going above and beyond prudent lending to much tougher requirements, not great marketing for loan services but they can.Market value is what we generally work with in real estate, but we do have other valuations, liquidation, salvage value, tax and estate valuations.
Tom Pignatello
First Loan from a Portfolio Lender to Finance First Flip
16 August 2016 | 5 replies
There would be additional review at this point: ordering the appraisal, downpayment requirements, and the paperwork for the rehab draws and terms.The local banks I've worked with required 25% down on the purchase price, the rehab was done in drwas after the inspections, but all one closing and then the loan converted to a permanent loan once the draws were complete.20 year term resetting every 5 years, for me.
Tom Lafferty
Just bought a 78 unit disaster...
24 November 2016 | 52 replies
We are also working on other deals together, so there are additional benefits to both of us.
Ehren Trost
Healthcare sucks...Hmmm, maybe real estate?
17 August 2016 | 7 replies
I am glad to be working for myself vs the big therapy companies who say they are all about patient care, yet require 90-97.5% productivity from us and expect us to provide quality patient care off the clock to achieve productivity standards.
Ray Dipasupil
Tech Entrepreneur from Los Angeles, CA Building REI Portfolio
11 October 2016 | 12 replies
My backgrounds are in economics, accounting (CPA candidate), product design, & engineering — I know, quite a lot but I’m a lifelong learner.
Jarodd Butler
New member from Omaha, Nebraska
4 September 2016 | 8 replies
You'll find that many often require substantial fees in addition to your monthly payment in order to finance projects outside of their normal scope.
Chris Gould
Subsidized rentals in Louisiana
17 August 2016 | 4 replies
Do you know other investors that are interested in this type of rental property or are you yourself interested in additional properties of this nature?
Dorothea Anderson
Need Contractors!!!
17 August 2016 | 3 replies
Additionally, I'm a part of a fast growing power team that is seeking to partner with reputable contractors interested in joining our team.
Chris Murphy
New member and potential new investor in Austin, TX
17 August 2016 | 8 replies
Hello All,My wife and I are just starting to look into real estate investing as a means to add additional income sources in our "old age".