Eric Abel
Flipping Mobile Homes
11 March 2024 | 6 replies
Most lenders don’t consider manufactured or mobile homes real property and there are lots of requirements and stipulations a buyer has to meet to qualify for a mortgage.
Angelica Valde
Will cash-out refinance affect rezoning property from residential to commercial
11 March 2024 | 7 replies
You might want to consider potential issues with the lender if rezoning occurs post-closing.
Pedro Magallanes
Strategies for New Investors
12 March 2024 | 13 replies
There are many lenders who will fund 80% of the acquisition and 100% of the renovation.
Lucy McDonald
Branson, MO vacation rentals - advice, property management, etc
11 March 2024 | 27 replies
You risk a bad review if you're not there in 15 minutes to fix the leaky toilet flapper or burned-out light bulb or resupply coffee and laundry soap. :)
Stephen Bruce
BRRRR a quadplex. Is it possible???
11 March 2024 | 20 replies
The hard part is knowing if a lender will accept it.
Lilly Olabre
Business Line of Credit or Hard Money Loan for residential MFH
11 March 2024 | 4 replies
That hard money lender will not only take this property but whatever is the shortfall they will take your other property as well.
Naomi McMahon
I am looking at a deal on a 15 unit portfolio. Help!
11 March 2024 | 3 replies
If they don't have them, see if you can reach out to their lender.
William Burns
Non-Conventional Financing Fix & Flips
10 March 2024 | 15 replies
If the Hard money lender thinks the deal is profitable they will most likely fund it.
John Gillick
What's the going rate for a flip loan?
11 March 2024 | 10 replies
So like the example you gave, there are fewer lenders doing 75% ARV, but many more lending down to 70%, so at that amount there might be more options.I hope that helps, would be happy to jump into more specifics with some more details about the flip itself.
Agustin Rossi
Fees for Rental units
10 March 2024 | 5 replies
Then we take time to review proof of income documents, picture ID, check landlord references, etc.