Account Closed
Getting Started: Wholesaling
7 July 2018 | 5 replies
Often times it's easy to caught up in the negative, but I'm here to network with folks who are determined to find solutions!
Tim Ivory
Fix and Flip using and OPTION to buy real estate, possible?
2 July 2018 | 24 replies
Is this the exact same thing as simply signing a regular purchase and sales agreement with a note being the payment method upon sale, and again, moving her to 1st lien position?
AL Brown
Can I do a Cash Out Refinance on a property in my LLC name
27 June 2018 | 7 replies
Also easy on documentation (much easier than DTI & other income-based loans), the interest rates are better than the above short-term loans, but not as good as conventional loans (that require DTI and income etc).Most cash-outs aren't greater than 80% of the value of the property.Estimates:HML Loan - 8-14% interest only, short term loans, limited documentation.Rental Loan - 5-9% amortized, 30 year (some options for 15yr), a bit more documentation.Local Credit Unions and banks - 4-8% amortized, 30 year (some options for 15yr), documentation varies but typically requires some debt-to-income.Conventional Loans - 4-6.5% amortized, 30 year with options for 15, documentation heavy.
Robert Burns
Using a Real Estate Agent for Lease Option Assignments
29 June 2018 | 2 replies
Probably because they are so easy.
Bell Santiago
Obtaining Wholesaling Contracts & Title/Escrow Companies
25 June 2018 | 2 replies
This isn't easy and it isn't some get rich quick job.
Ankit Maewall
Early Professional starting in Indianapolis
19 August 2018 | 14 replies
@Ankit Maewall I agree 100% with what others have said, managing yourself is NOT easy if you're out of town.
Shiloh Lundahl
How important is CASH FLOW if it is a 3-5 year play?
29 June 2018 | 18 replies
But it's really easy with an IRR.