9 November 2016 | 2 replies
Does anyone have any local banks in the DFW area they recommend for investors to get loans from? preferably good terms with amortizations of 25 years or more with minimal fees. let me know. Thanks!
22 October 2016 | 11 replies
I think every Market is different.In NYC, Laws are very favorable to the tenants.
22 October 2016 | 5 replies
The refurb will include structural so I’m assuming I would have to use the Standard 203(k), which has no price cap but limits you to a single contractor, six month deadline and requires inspections of all the workI’m guessing this would mean a much higher price tag for the refurb, and less flexibility around scheduling and execution of the workI am unsure whether a hard money lender would favor such a deal, but I would imagine that if we could secure a loan we would not be limited to using a single contractor and could get the job done for less.Exit StrategyIdeally, we would like to do a cash out refi after the refurb and roll the profits into the purchase of a multi-family.
24 October 2016 | 11 replies
These agreements usually favor the agent and a few $ spent on a good attorney could save you thousands.Finally, many investors use an attorney to get an eviction completed.
25 October 2016 | 1 reply
They said if a property is newer than 2015 I can show them the lease and they'll count 70% of that (I assume in favor of my DTI?)
23 February 2020 | 21 replies
That was one pro in favor of delayed financing; it could be done without disturbing anybody living there.
25 October 2016 | 0 replies
Looking for recommendations of what financial institutions favor working with investors.
25 October 2016 | 4 replies
I am only interested if you have had a favorable experience and are satisfied with their quality of service including acquisition experience, quality of rehab, acquisition price, seamless handover to a reputable property management and good operating results (minimal vacancies etc.).
26 October 2016 | 0 replies
So, bring your knowledge and skills and I'll bring mine and we can create a lasting, favorable relationship.Sincerely,Kalyn
2 November 2016 | 5 replies
I have good credit, but looking to be a co-borrower for a sibling who will be living in the property, who has ok credit.So I'm asking for a big favor, if you know a lender, someone who is well knowledgeable on the matter that could possibly help me obtain this property?