Hoa Nguyen
What criteria do Hard Money Lenders look at?
25 March 2024 | 7 replies
Here is how most work:•Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
Ivonne Pinedo
Join Us at Investher Fort Lauderdale meetup August 31 7 pm
24 March 2024 | 1 reply
Over twenty years of working in business development, she has tremendous experience in growing relationships.
Jay Ben
Ideas on how to get started in multi family with $250,000
23 March 2024 | 4 replies
Depends on how much involvement you want.
Robin Thornton
Returning Newbie Chugging Along In Need of Advice on 2 Properties
23 March 2024 | 12 replies
Despite having a backyard, they sometimes let their 2 small dogs out the front door and do their business on my lawn which was green before they moved in.
Account Closed
I have a few FSBO Questions
24 March 2024 | 25 replies
They consulted with me briefly but didn't want to hire me to represent them because the landlord didn't want any agents involved.
David Spurlock
Investing In Aircraft Hangars
25 March 2024 | 8 replies
I have a guy who has an avionics business that wants mezzanines built for office space, technician training rooms, rest rooms and etc..You actually hit on a great opportunity that is currently out of my budget limits and that is Air Park development.
Seidy Lasker
Would a new EIN be accepted for the same business name?
22 March 2024 | 1 reply
If a partnership turns into a single member LLC due to a partner leaving, a new EIN is required but how would a business still keep the branding of their original name if creating an EIN requires a different name?
Brandon Salimi
Cost Segregation Clarification
25 March 2024 | 6 replies
We are just business partners for 50/50 in everything including the ownership.
Christina Suter
FIBI Pasadena- "2024: A Mixed Real Estate Market at Best" with Christina Suter
24 March 2024 | 0 replies
Jude Children's Research Hospital, National Police Association and Make-A-Wish Foundation.As a mom to her daughter, and successful business owner, Christina offers a unique perspective on how to optimize your real estate investment while aligning with your personal valueshttps://christinasuter.comhttps://www.meetup.com/fibi-real-estate-pasadena/events/3000...
Courtney Mercier
High Yielding STR w/ Tons of Equity and Tons of Renos/Repairs - KEEP OR SELL?
25 March 2024 | 10 replies
Dig around on Anderson Business Advisors and Clint Coons YouTube channels for more info.