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Hello,I'm looking at opening up a HELOC on my primary residence to use as seed money to start investing. What are some of most important things to look for in securing a HELOC? Who are the best banks to get these type...
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Hi all,how long does one have to wait to cash out on a property? Are there 90% LTV products? I’m new someone please take pity on me and walk me through
Most of the ads seem to say most HMLs will lend 65% to 70% LTV for rehab projects; but in reality, most of the quotes seem to be in the 35% to 40% LTV range. They often mention only funding 80% of both purchase and...
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Is there a rule of thumb for expenses on mobil home parks and self storage units?
I'm looking at a property with 26 mobil homes, 13 of them park owned, and 53 self storage units. The gross annual income is $130,000 (...
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Hi,Purchasing a buy and hold property in the Hamptons, NY for $1,895,000. Will put $500K in property. ARV is $3M conservatively, with a really great reno can fetch up to $3.5M. Purchase contract has no mortgage contin...
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My husband and I are finally ready to take the plunge and buy our first rental property. We always hear from bigger pockets, social media, podcasts, etc about not having to use your own money in a deal. We are pursuin...
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Often times I hear zero down to purchase Multi-Fam investments. After speaking to several lenders and private money lenders and reading multiple books I’ve learned this is a misleading message and almost lies. Lenders...
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I am doing a cash-out refi on a couple of duplexes that I purchased with cash. It went well and I got very good rents and tenants. The appraisal also came out very well. I am buying for retirement income and my dilema...
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Hello All;I work with the intake officer of a Family Office management company, who has given me specific guidance on how they work. These criteria are for information any Principal might need to know if this is a tar...
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The question out there before you, is there any true hard money lenders out there for commercial real estate anymore? ( in Indiana )