At 27, I finally have enough in savings to start investing in real estate. My plan is to buy a duplex, live in one half, and rent out the other. My question is, can I get a mortgage for less than 20 percent down if I ...
Question for Hard Money Lenders:I currently invest with a hard money lender where when the deal is done I end up with 14%-18% annualized return on my money. The way the lender structures his deals is he lends purchase...
Hi thereI am working on getting my rentals refinanced under my LLC. I have talked to Lima One and their quoted rates look pretty decent. Anyone has other mortgage/finance companies to recommend so I can get a few more...
I know j have to get my nmls license which soon I will start studying forBut I was just reading a job posting for an assistant mlo / junior mlo, and they require some mortgage experienceSo my question is coming from t...
Hello, BP members! I finally found a property that I am interested in moving forward. It is a duplex with the two units already being leased. For those with experience in MFH, what are your recommendations regarding m...
Hi all - first time poster here. I've been looking at the debt deals on Realty Shares and had a few questions. I've seen deals where the loan was for a first position lien on a specific piece of property. My underst...
Ok, here is a scenario. I placed a big for a property on Homesearch.com a week ago and didn't win. Today I got a call from there that the highest bidder back down and if I still have interest in the property to call...
I really want to stop procrastinating and finally move forward with my career in REI. I’m currently working at a warehouse I’m 19 years old I have about 1000$ in savings still working on my credit but it should be ver...
So what exactly makes a senior lien senior (1st) and a junior (2nd) junior? When referring to a deed of trust, is it the time/date when one was recorded or the dollar amount ?For example if I take a loan (considering ...
Hey Everyone,I'm a first-time investor but have been an entrepreneur for 10+yrs raising $ and starting businesses. I've been putting together a financial model for a hard money loan with a cash-out refinance and wasn'...