Understanding the Key Differences Between Private and Hard Money: Pros, Cons, and When to Use Each
do you guys think that the rates that hard money lenders that provide rental loans are so close to what conviental banks offer that HML are easier to refinance with?
Along the lines of David Greene’s advice I’ve been putting together what I hope to be a “Big 4” team and I’ve found as I ask for input on potential single family deals from a prospective property manager that the mana...
I have been an agent for 8 years, Broker for 3, Investor for 3 yearsMy new business partner and I currently own two rentals and have completed 3 flips for 2015-2016. I have been trying to figure out the best way to ...
Hi,
I'm trying to understand the ABCD classification of properties, tenants, neighborhoods...
How would you explain/classify it? Could you point me towards good ressources?I live in Montreal, Quebec, and I rarely he...
Currently own 5 rental properties outright and looking to leverage the equity there to purchase a few more properties. Not sure if it makes sense to approach a bank to get some kind of business line of credit or try t...
I have identified multiple 5-unit buildings that I am looking to purchase in the Fall River, MA area. Originally, I was looking for FHA loan, but when I found a 5-unit building within my budget, they told me that FHA ...
At a family holiday dinner, a writing sample of mine from long ago was passed around as it detailed my family's history and lineage, sparking a number of interesting conversations.
After everyone had been able to get...
I talked with a lender today who doesn't do 203k but instead does construction loans. I'm curious as to what the advantages are over using a construction loan is versus the 203k. What I got out of the conversation...
Hi Everyone,
I'm a newbie to all of this and I've done some research over the past few months... Already made my first mistake. So for those of you reading and not participating here is the mistake I made I e...