Which larger banks give rehabilitation loans. I am looking to start full mortgage payment after construction completion. I understand that during construction I would just pay the interest rate. Please share your know...
I have two questions about 70% LTV refinancing for two small multifamily properties that currently have expiring hard money loans:(1) Which of the two following asset-based, bridge loan possibilities is most "doable"?...
Can anyone share the activities you log that will count for real estate pro status? We are buy and hold investors so the areas we document focus on Rent, Operate, Manage and Lease. I'll add Sell in there too but not a...
I'm working on another potential deal where the owner informed me that the property is under conservatorship. I looked it up and it stated;
"The Abandoned and Blighted Property Conservatorship Act allows the court t...
I am currently undertaking a rehab property project and I am seeking valuable insights and suggestions regarding financing options. As I navigate the complexities of rehabbing a property, I find myself in need of crea...
Hello BP,
I want to run a scenario by everyone too see if I grasping the fundamentals of Hard Money Lending.
My understanding is that HML can be ~70% LTV and can be used for improvements and repairs.
Let's say I ...
Hey, everyone. My name is Jean-Marc. I'm a newish investor and bought my first property (quadplex) in Galveston about one year ago. I'm a resident physician and love REI about as much as treating patients. I'm looking...
NV Department of Employment Training and Rehabilitation issued this press release showing Reno area YOY employment increased by 8500 jobs, or 3.4%. Nevada's unemployment increased overall, but is attributed to more ...
Obama administration's proposal to sell tens of thousands of foreclosed properties owned by government-backed entities and then convert them to rentals gets mixed reviews.
http://online.wsj.com/article/SB100014240531...
Background: Created LLC partnership in 2018. Purchased a Home to renovate in 2018 and sold it in 2019. Purchase Price: $60,100 In August, 2018Renovations: $30,000Utilities: $ 2,000Property tax: ...