Hi, I recently found out about construction loans and it excited me at the thought that I could potentially build a custom home faster than I assumed. How exactly do these loans work and are they an efficient way to s...

My partners and I are working on our first flip in Dekalb County and we have run into permitting hell. The house is a 3/1, just over 1000 square feet, and we are planning to make it a 3/2 by adding a master bathroom t...

I'm looking to secure a HML for a fix n flip in Florida and for now and am only looking to secure for the purchase price only and handle the rehab costs myself. One of the side benefits is that I can avoid the whole d...

For example, there is a $100k rehab loan. The investor requests a draw for $10k to cover the first part of construction. Are the interest-only payments based on the $100k or Just the amount drawn? In this case, the 10k? 

I just placed an offer on a SFR. It will be owner occupied. It will be a major rehab and I will be doing additions to the house. I am currently prequalified for a rehab loan (homestyle) and the bank needs to know reno...

So I remember in the podcasts a few guests talking about learning the hard way when dealing with contractors. Losing money, dealing with mechanics liens, etc. They all mentioned that the more signed documents you coll...

I’m and trying to weigh out whether or not to use cash on hand or New Construction loan…. I am in the process of building two triplex townhomes buildings for a total of 6 units. I have a new construction loan in place...

My friend asked me to borrow 5k to finish some work on a property he’s flipping using hard money so he can get his next draw is this something I should consider if so how should I go about it? He’s offering me 7500 t...

Hi,Both credit unions for a 500K HELOC is with no closing cost (lender covering it). Credit Union 1: Rate is prime rate +1%, 10 year draw period. Introductory rate for 1st 12 months is 3.99%.Credit Union 2: Rate is pr...

Got some numbers from a hard money lender who had me itemize and budget me reno. Playing it safe, I over estimated some cost to get to the allocated budget. Question is, when the time comes and I finish work, what hap...