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Does anyone know the qualifying criteria for private loans for real estate deals? Does personal credit matter?
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Hi, please explain the information at the end of the post to me as I cannot sleep thinking about it. My lender is not returning work for a few more days so I wanted to ask this group about seller concession on a conv...
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Hi everyone,I have found a 4 unit apartment complex that is in a desirable neighborhood and passes th 50% and 2% rule. My question: Can I finance this using FHA (3.5% DP) and get a 30 year fixed interest rate? I know ...
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I have a home i bought and nearly finished rehab. Started doing my paperwork to do a cash out refinance and back says i have to treat this as a HOME EQUITY loan. It still is a 80%ltv but max is 20year. They said i nee...
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I'm looking to get private money lenders to loan the down payment for my hard money loans (to do flips), but I'm wondering if that puts them at a significant risk. I'd like to know how I can best protect my private l...
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So here's my question, is it illegal or unwise to ask for money from investors on a major rehab project?I have done all the leg work and calculated the ARV (about $980,000) the total cost to purchase the vacant apartm...
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What are the current hard money lending rates?What percentage returns do hard money lenders usually take before they distribute back to their investors?Thanks in advance!
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I have a note in FL, borrower isn’t paying the insurance, too expensive, I guess.
Borrower is very abusive and uncooperative with loan servicing … I’ve given up trying to work things out with them. I don’t want to...
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Looking at purchasing a foreclosure cash (with help from parents), and then financing the home shortly after renovations are made. 3 questions: Are their issues with them giving me funds to assist with purchase? Will...
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Good afternoon everyone!
I've been following commercial real estate for the past few years and I've developed a personal preference for the STNL space. I'm looking to start syndicating deals with the end goal of a pr...