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I am trying to plan out my first BRRRRSuppose I have a property rehabbed and rented that is VALUED at $70KNow it's time to refinance and pull some money out to fund the next property. I have 7 Fannie/Freddie conventio...
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Saving up for my first multi unit but know nothing! Heard one of the podcast guest talk about a NACA mortgage to help him get started and ended up needing no down payment! Music to my ears! Anyone who can help me deci...
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Hi all,Can anyone provide some guidance on how income from private lending is typically taxed? My understanding is that if I'm NOT considered in the business of loaning money, then the income is considered interest in...
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Hello everyone,
I am currently working through a challenging financial situation. I have high-interest debt with a 28% APR that I need to pay off before focusing on saving for a home with my current income . To addre...
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Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the ...
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Funding Flip Loans and long term investment loans in most states. New flippers welcome. Will fund 80-90% of the purchase price. Will fund 100% of the rehab budget. Interest only payments for 12 months. No pre payment ...
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Hi, from time to time I get emails from people who claim to be Private Lenders. Has anyone else gotten these? They ask if I have any properties I'm looking for finance. How would I determine if its a scam or real. ...
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I'm looking at a property around $900k and wondering how I could possibly get a commercial loan to fund 75% of it and use either seller financing for 20% and cash for the remaining 5%. Do commercial lenders care where...
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I’ve always wanted to know Interest only ? Or conventional ?
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I am just getting started, I would like to know how much liquidity do I need prior to contacting a hard money lender for a deal?