Niko Molina
Lowes vs Home Depot vs Menards
3 December 2015 | 26 replies
Many of the cheaper altenatives they dont stock on the shelves and you have to have it shipped.
Stephen Bagnani
If I loan Hard Money, what Returns are Acceptable? Outstanding?
7 March 2017 | 12 replies
Only other altenative is you would need to put it with an investor group like Norris group and go in on a fractionalized loan, which I don't like ...
Michael Hancock
Renovation Loan for 32 Unit
25 July 2016 | 5 replies
You have several options, two that come to mind are traditional financing which will depend on conventioal underwiting guidelines, and altenative credit line financing.
Greg Samuel
Huntsville / Madison AL tenant placement & property management
13 April 2021 | 2 replies
I live in California and just went under contract on a 4-bedroom, 3-year old single family home in Madison Alabama that I plan to leverage as a long-term rental. The deal closes on 5/3, and I'm looking for service pro...
Katie Miller
How would you invest $1 million?
15 August 2020 | 192 replies
(Under contract for $900,000 vacant and now with a national tenant in it with the NNN 10 year lease with the corporate guarantee and escalations etc it would be easily $1,500,000) 5) I cash out my $1,000,000 which is less than 70% LTV and keep the tenant to make the PITI plus gibbing me positive cash flow with no hassles, no marketing, no management or any addition al work 6) I reap the process and continue to build my fortune doing it part time with no down side (if I cannot line up a nation al tenant within the 45 days due diligence, I simply cancel the contract and get my $5,000 earnest money deposit back) The reason I put only $5,000 EMD is because I am able to show proof of fund for the $1,000,000 sitting in the bank account.
Justin Putt
Cash Out Refi in MI
28 November 2008 | 13 replies
As ben said but I will go one further and say maintain acurrate cash flows in and out of personal bank accounts. this is an altenate way some lenders will calculate your income.