David Smith
Questions about private lenders
25 May 2024 | 7 replies
Sounds like we are down to the last few items before wire transferring funds to me.
Paul Novak
Dealing With Neighbors
25 May 2024 | 12 replies
The conversations have always gone well but we are still having the noise issues.
Aaron St. Clair
Interest vs no interest
26 May 2024 | 11 replies
As long as you have positive cash flow, you are NOT paying the interest, the tenant is.
Yanting Wang
should I buy this new construction home?
25 May 2024 | 6 replies
I am currently looking at buying a new construction home as a long term rental property. sales price $214000. first my lender told me I can do 0 down. and I am really excited about this deal. but later he told me that am not qualified for 0 down because of my income. the other option is that I can do fha with 3.5% down, 6.125% interest rate. cash to close is $14000. my monthly payment is around $1575-$1590.it can at least rent for $1700 as a long term rental property.
Cam Schwartz
Cash Flow Models: Fix-and-Flip and Long Term Rentals (BRRRR)
22 May 2024 | 0 replies
These models capture the primary expenses associated with fix-and-flip and long term rental/BRRRR investment projects and provide an estimate of total cost and profit/returns.Shoot me your email if you'd like a copy of either or both.Hope you find helpful in reviewing your projects!
Mathew Morford
Rehab trends to use
24 May 2024 | 11 replies
We are on the fence of either replacing my kitchen cabinets, or just painting them.
Aaron Fine
Lending to flipper for construction w/o collateral
26 May 2024 | 8 replies
Most truly individual private money lenders don't love construction for a number of reasons: - Time horizon on these projects is too long and the project itself highly speculative - Most construction loans are non-dutch, meaning you pay only on what funds are released and PMLs don't like having to earmark additional funds that aren't deployed and aren't earning a monthly interest on
Ash Gowda
Tenant just requested for Rental assistance program, good or bad
24 May 2024 | 10 replies
ThanksThere's nothing wrong with a tenant requesting assistance as long as they are communicating with you and making the effort to keep up on rent and responsibilities.
Elvin William
DSCR min $60,000 loan Ohio.
24 May 2024 | 15 replies
There is a lender that will go down to $50k as long as the value is $75k+.
Ana Vhan
Payments for renovation for selling and taxes
25 May 2024 | 2 replies
We cannot as we are out of country at the moment.