Jeffrey Suarez
Orange County Homes- How much are people bidding over ask price?
Looking in North Orange County/LA County area for single home fixer in the 650-700k range. 10 mile radius from La Habra. From listings looks doable. How much are people bidding over asking to lock in these homes. ? D...
Jackson Cantrell
First time homebuyer loan worth pursuing in RI?
Hi everyone.I'm a long time Providence RI resident looking to purchase my first home. My goal is to buy a multifamily/triple decker in the West End and live in one unit and rent out the rest. I've got great credit, so...
Ifeanyi Onyeonwu
Is 8.875 a good Dscr rate today
I am unsure if the rate is good. I am concerned about the prepayment penalty of 11k if refinanced before 5 years ( would have paid 120k but 10 to principal) on a 220 cash loan
Michael Baradell
Insight on obtaining Buy and Holds using private or hard money loans
Hey Guys,
I am curious on how purchasing a buy and hold property using private money or hard money loans is structured? First, what is a typical rate to offer the lender? Second, what should the terms be? I a...
Colin Foley
Need to refi out of FHA, looking for advice
I'd really like to drop my PMI. I acquired my property at the end of December in 2014. I constantly get letters telling me to hurry up and use programs that aren't going to be around forever, Personally getting letter...
Scott Walton
120 Unit Senior Housing Development: Construction Loan
Hi there,I am developing a 120 unit IL/ISL community on a 19 acre property (flush with old growth trees, waterfront, and 210 foot elevated views). The project is $54M in total costs. The debt equity split on the finan...
Natalia Soares
You know when you feel stuck
Hi guys,
You know when you are feeling stuck...been feeling like this for sometime now..so maybe you guys can help. I bought my first 3 family about 2.5 years ago with a co-borrower in the greater Boston area. I hous...
Pete M.
Current seasoning period for a refi out on an 8-unit?
Hi all,Browsed several posts in this section, but didn't quite get my query answered and would like up-to-date responses. If I missed a current post, please feel free to link it to me.Anyway, I'm currently evaluating...
Timothy Mitchell
First Multi Family Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Westbrook.
Purchase price: $376,000
Cash invested: $20,000
4 Unit found on the MLS.
After acquisition:
Utilities were se...
Samson Tefera
Lease property on HML to tenant instead of refi
I have a property for sale on a hard money loan which is due in 1 month. Property is under my LLC. I do not want to refi under my name and keep the property. I want to extend the hml, interest only, and rent it out. I...