Gustavo Gonzalez
5 year ARM vs high interest rate 30 year fixed
Hi all:So I've posted a related question on this topic before so this is somewhat of an extension of that. To summarize, I have a total of 9 investment properties 2 of which have high interest rates at 7.875%. One pr...
Jonathan G.
New investment in LLC, mortgage company says possible call in of loan.
So I am getting ready to do my first investment. My wife and I really want to make sure we eliminate as much risk that we can. One of the mortgage companies that I am looking to for funding says that they will not l...
Chris Severin
Refinance a hard money loan
Just wondering, is it possible to refinance a hard money loan? If so, what institutions would do so. I have read that hard money is not a long term finance strategy, so what is the next step once time runs out?
Daniel O.
How to get the best ARV estimate possible??
As many investors have said, the profit from a flip really comes from the front end of the deal. I have done some research and will probably use a Hard money lender. The group im looking at will lend up to 60%-65% of ...
Account Closed
Rental Property Refinance in Indianapolis
Hi All,I Recently did my first flip and am on tight timeline to sell it due to a GC taking their sweet time. Basically I need to cash out within the next 3 months to repay my lender. I am looking at the possibility of...
Monty McLamb
My LLC needs fixed rate loans
Hey everyone. I am looking for advice on lenders. My local banks and the one that has my current mortgages do not want to offer 30 year fixed loans since my properties are in my LLC and titled in the name of the LLC...
Account Closed
Crazy Statistics on ROI for House Flipping - Check it out
Do you agree with these numbers based on your personal experiences? https://www.fool.com/research/....
Nick Causa
Getting crushed by HELOC interest
Quick background: We purchased a multi family that was to be a live in flip and to fund the purchase and the reno we leveraged our primary residence at the time. We moved into the live in flip and once the flip was ov...
Milley Yunare
Moving Company to Florida: Help!
I'm a Canadian citizen and e-business owner interested in moving down to Florida with my boyfriend. After doing some research I have found that I can create an LLC in Florida without being a resident, but I'm wonderin...
Kyle Shepherd
Refinancing vs taking out a 30-year loan on commercial property?
Hey folks - was on the phone earlier with a loan officer at my local bank. Getting my feet wet. Asked about 30-year loans on commercial properties (since rentals are classified as commercial properties, I learned). He...