I've gotten mixed information from conventional lenders in terms of being able to refinance a cash or hard money property. My intent is to use the hard money loan for the acquisition of distressed, non conventional qu...
Do you know the process of refinancing from a private money loan to a conventional one? I have spoke to a few lenders and they informed me that the title needs to be in my name prior to initiating the refinance althou...
Hi BPActually I have two questions. First, I am from Oakland, CA and want to invest in Indianapolis (like everyone else right now). Is it usually better to get someone for the financing from where the property is loca...
Was wondering if anyone hear has taken a second mortgage (Heloc, loan, etc) on a rental property and reinvested the profits to get a better return without having to sell the property. Any success stories?
As the title reads, I am looking for a DSCR lender with no seasoning requirement (if possible). I purchased a rental property just over 30 days ago with cash, and already have a tenant in place. Looking to pull capita...
Hello!A couple of months ago, I started to purchase properties in Memphis in which my plan was to do the BRRRR process with. Now I own 3 properties free and clear, the repairs have been done and 2 of them are currentl...
This sounds like a dumb question but in private lending, generally, is the % rate annual or for the length of the short term loan? I'm pretty sure it's annual unless otherwise discussed and I know that private lending...
I currently have a hard money loan that I did on a property at 12% interest and am in 1st position on the deed since I provided the full capital for purchasing the property with cash. The new owner thought he'd be abl...
My family and I are looking to move to a warm beach area and purchase a property that we can live in for a year (low down payment) and use as an investment and repeat this process for a few years. We are open to house...
I am new to Michigan UP area. Right now we are looking for properties to do short term rental/airbnb around Porcupine Mountain and upper north to Copper Harbor. Any investors here can provide some insights of the mark...