Hi all! I purchased my primary residence back in September 2020 in Maine. We closed on it for $385k while putting 20% down and it was appraised by the bank at $420k. Over the past year we've been rehabbing it. I would...
Nothing, in my opinion. They are largely the same, equally give short-term loans to real estate investors at higher interest rates than banks and other institutional lenders.
There are several opinions concerning th...
What was your main take away or lesson learned from your first buy and hold rental property?
I've been doing direct mail marketing for 6 months (with no contracts yet) but it hasn't been to areas my wife and I would want to live. We are looking to move to San Mateo, San Carlos, Pacifica or smaller cities near...
Nothing, in my opinion. They are largely the same, equally give short-term loans to real estate investors at higher interest rates than banks and other institutional lenders.
There are several opinions concerning the...
Hi all. I have been doing some research into MF properties and have had some extremely informative conversations with some lenders and agents (Thank you Rick, Jonathan, and Jake). I’m interested in learning more about...
Sharing what are some of the things I think may be on the horizon for DSCR Loans in 2024 - inspired by a lot of comments that pop on these forums. Would love feedback/further ideas of what people are seeing or hoping...
👇Unpopular opinion about sponsor acquisition feesThey are 100% necessary.If you didn't know, sometimes sponsors charge what is known as an 'acquisition fee' when they buy a deal.Typically 1-3% of the purchase price o...
I'm considering a property for rehab in southern NH that is accessible by a class 6 road. I'm concerned that this will be a problem for my prospective buyers post-rehab when they try to obtain financing. Does anyone h...
Hello All,
I have a question regarding a request one of my clients has had to partner in some commercial investments. He's been presented with an LOI from Mr 'X' that essentially has my client as the 'front' ...