Logan M.
How I filled 27 vacant units in six months
1 February 2024 | 1 reply
Some of my other posts go into the details of acquisition but this was a 0% down, 6% interest-only payment, 6-year seller financing deal,To this date, I only have $5,000 in this deal and that was very very recently to add a little gasoline to this project.I am an open book so if you have questions ask away!
Corey Conklin
Trying to buy a house from a family member
1 February 2024 | 6 replies
If you began work on the property, while paying the holding costs, that could be considered payments towards the final purchase price or keep it on terms until/ if you refinance out of the terms.
Adam DuCharme
Cash vs Financing for Fix & Flip
1 February 2024 | 7 replies
Interest payments could be deferred until payoff but it varies from lender to lender.
Rikin Shah
Private investor new to real estate
31 January 2024 | 6 replies
We work with a lot of physicians that like the BRRR method.
Bryan Pope
dividing a lot with a mortgage, finance question
1 February 2024 | 2 replies
I've paid enough where the builder will complete the work without any more payment, however, I won't be able to afford the last payment.
Zack Tremere
Buffalo RE Investors
1 February 2024 | 11 replies
I have 47 units in buffalo , have never had to evict, never missed a payment, and 50% of my cashflow if I choose can support more than my paycheck.
Shannon Carter
401k withdrawal to invest
1 February 2024 | 3 replies
He’s funded my deals by taking out a loan from his 401k and I would make the biweekly loan payments , and pay him a fee once I sold my flips and refinanced my last property.
Simon Smith
Sunny Isle Condo - Help Needed
1 February 2024 | 6 replies
Some questions if anyone can help it will be appreciated:- What is the minimum down payment required for condos in sunny isle?
Mike D.
What kind of portfolio rates are you seeing?
1 February 2024 | 8 replies
I am seeing rates in the high 6s and 7s for investment, depending on percentage of down payment and credit score.
Peyton LaBarbera
What are all of my options for financing a fix and flip project?
1 February 2024 | 17 replies
Here is how most work:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)Max Loan: 65% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.