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18 May 2024 | 1 reply
I would venture to say that 95% of properties listed today on the market will not cash-flow at a 7-8% investment interest rate once you factor in principle, interest, taxes, insurance, and a maintenance / capex reserve.
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17 May 2024 | 3 replies
I don't want to get title insurance if I can avoid it because I know I own it.
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19 May 2024 | 2 replies
Surprisingly, I discovered that I was eligible for a private loan to obtain a home mortgage.
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18 May 2024 | 15 replies
Holding costs are alot on hard money loans.
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19 May 2024 | 17 replies
I know of FHA loans and that seemed enticing, but in my area (St.
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17 May 2024 | 6 replies
Look into ways to pay, like common loans, government-backed loans, or money from private people.
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18 May 2024 | 18 replies
Hello, I am a new investor and I am looking to use a hard money loan to purchase my first rehab property.
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17 May 2024 | 19 replies
I don't do a ton of flips but can be a good resource for lending as I've got loans w/ 8 or 9 different banks in Cola.
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16 May 2024 | 9 replies
Generally 25% minimum will be needed as a down payment and 6 month reserves of mortgage, property taxes and insurance and a minimum $100K loan amount.
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17 May 2024 | 2 replies
Most will say a LLC will, but I would leave it in my own name and just get insurance on it to protect you.