Ashley Wilson
Multifamily Fire Sales?!?
28 February 2024 | 8 replies
While I do not believe we have seen the last of the foreclosures, as I recently heard that 60% of multifamily bridge loans nationwide are not paying their mortgage, I am skeptical on whether or not we will see a massive fire sale of multifamily properties.
Brian Nelson
Real estate investor
28 February 2024 | 1 reply
Thanks, Brian You would need to use a commercial DSCR loan, these types of 30Y loans do not need 12 months of seasoning.
Babu Ramadoss
How much does painting a 1100 sq ft house cost?
26 February 2024 | 29 replies
Granted, recently labor costs have gone up, but in Eastern Idaho, I have a guy I use for every paint job, including my personal home, because he charges me a lot less than every other painter because I bring him business.
Kevin S.
What to do with $1,000,000.00?
1 March 2024 | 140 replies
First one, buy cash $1,000,000.00 and second one with 1M down and 3M loan.
Travis Hinnant
Lending For New Construction Homes
28 February 2024 | 17 replies
Full disclosure - I'm a mortgage broker actively placing private money construction loans.
Kev Pito
Lease gas station or buy
28 February 2024 | 4 replies
Maybe consider subleasing the gas station.Can I get SBA loan 7a or 504 loan?
Scott Lepore
70% Rule for flip
29 February 2024 | 10 replies
Hard money lenders, and private institution lender/businesses will only loan 70% of arv including the rehab cost, with experience.
Tedman Cheng
How to structure a fix and flip partnership?
28 February 2024 | 2 replies
The loans and properties are all under my name so I don't want to take the whole capital gains tax hit when the time comes.
Agustin Rossi
Seller financing and realtors
28 February 2024 | 11 replies
If there’s an existing mortgage on the property, a subject to combined with a seller second, or a wrap around loan, carry significant risk and possible negative credit impact for the seller (and buyer).