Ryan Mortimer
DMV - Hard money lender vetting/recommendations
8 May 2024 | 9 replies
Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% 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 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
Miles Fabishak
Owner-occupied duplex heloc
7 May 2024 | 6 replies
, I’m looking into doing a HELOC on my current owner-occupied duplex (live in one side) to help fund a down payment on another duplex.
Jonathan Krauser
Terminating a VRBO and Airbnb property manager
8 May 2024 | 6 replies
The agent will need to close the property down in their software and your friend will need to create a new listings.
Allen Clark
20% down or less for a multifamily?
4 May 2024 | 3 replies
Has anyone here ever got a loan for a multifamily putting 20% or less down, other than house hacking?
Scott Ewell
Debt or debt free?
7 May 2024 | 9 replies
I currently have two SF rentals and my goal is to pay off the first one as fast as possible (within the next 24 months), then hammer down on the next one while looking for my third one and so on...
Michael Calvey
How Are Savvy STR Hosts Using Automation to Transform Their Businesses?
9 May 2024 | 19 replies
For short-term rentals, I would follow the Airbnb workflow model as they have it nailed down, but would also love to learn what others have been using or working through.
Jean Pierre Jabo
First home purchase
8 May 2024 | 6 replies
We are only putting 5% down with conventional.And what are some ways we can continue to build our portfolio in RE?
Rehaan Khan
What sells a home fast in Ohio?
7 May 2024 | 12 replies
Narrow your search down to one market and then narrow that search down to different neighborhoods.
Tony Ferreira
10 year Retirement Plan (HENRY)
7 May 2024 | 10 replies
But, I really need to nail down a plan the is attainable and executable.