Brandon S.
Conventional rehab loans from local banks
24 May 2024 | 3 replies
So, yes, you can absolutely get a traditional loan using 20% down an receive a loan with lower closing costs and a lower interest rate...or you could go the other route.Hope that makes sense how I am describing it.
Forest Wu
How to find offmarket syndication opportunities with great GPs/operators?
22 May 2024 | 74 replies
The cost to join is nominal but well worth it.Other groups to join (if you are an investor and not a GP) are 506 Investor Group and Private Investor Club.
Mathew Morford
Rehab trends to use
24 May 2024 | 11 replies
If cabinets are in excellent shape, leave them alone.Accent wall adds no value.Would need photo and layout of existing bath and proposed bath and total rehab cost to tell you what value it adds, my guess is it adds $5000 in value or less.
Angelo Aguirre
First time home buyer! Where do I start?
25 May 2024 | 26 replies
The only negatives with an assumable loan is that they take longer to close, 60-90 days generally, and you would also need to come to the table with a little cash to cover the sellers equity (if any) and some other closing costs.
Travis Andres
Best overall PMS - guest communication/guides
22 May 2024 | 17 replies
I don't manage my clients' booking revenue so it's fine with me.I have an AI for STRs slide deck.
Samuel Schmidt
New and Looking to Learn!
22 May 2024 | 3 replies
The tougher part will be finding clients that want to work with a part-timer that has no experience and little time.If I were you, I would focus on dentistry where you can make really good money, then use that money to invest in real estate on the side.
Travis Cheney
ISO Rehab to Rent financing
23 May 2024 | 6 replies
Hey Travis, I close a number of these for clients, usually more common on properties that were wrecked by previous tenants and they want to use existing equity to help repair the damages.We would classify it as a 'Refi-rehab' that would include a direct 'cash out' portion as well as a rehab escrow to reimburse you after you finish the repairs.
Stacey Jordan
Interested in Learning to Make Smart Investment Moves
24 May 2024 | 0 replies
I saved on buyer-side closing costs by representing myself.
Marc Sapatin
Other advice on financing new build without refinancing low interest rate?
24 May 2024 | 1 reply
Or, are you trying to fund buying a property + construction, and then cash-out-refinance the completed project to pull back out most of your purchase + construction costs to deploy on the next project?