Jim Vora
Looking for some Private money / hard money lenders
hi,I am looking to get in touch with some private money lenders / hard money lenders.I am looking to purchase an investment property in an online auction. the auction needs cash only closing within 30 days. I can put ...
Account Closed
Success in finding finance sources
In the process of financing an apartment complex it has been necessary to scour my local area banks, credit unions and other sources.
What I found in my neighborhood was many banks that are not lending for real estat...
Aaron Raffaelli
DSCR Loan for a first time REI
As the title suggests, I am just starting to enter the REI world. My first deal looks like it will fall through because the bank doesn't like my work history. (4 months as a union electrician, which the bank considers...
Account Closed
Does anyone have suggestions for who to use to obtain a HELOC?
We would like to have a HELOC available in order to make offers when a home that is worth it becomes available. Is this a wise strategy? My wife and I have a goal to rent our current home out and pick up a fixer upper...
Michael Shadow
credit score when screening tenants
Just interested in hearing what credit score you look for when screening tenants. I'm seeing scores for many tenant applicants lower than I expected, even ones that on first impression seem to have it all together an...
Joe Moore
Mortgage after foreclosure
Okay, I know that after foreclosure, I can eventually get a new mortgage. I also know many here have had foreclosures. The question is of you that have had these foreclosures, how long did it take before you were ab...
Matthew Kaufman
Financing for Duplex
Hey everyone,Exploring financing options for a duplex in New Haven, CT. The lender my agent put me in contact with is telling me that rates for an investment property are currently low 7's with 2 points. 30 yr fixed n...
Darius Kellar
When realtors buy their own home, how does commission work?
My wife is a about to be a licensed realtor. How does commission work when it is time to buy or sell?
Rafael Pinho
DSCR mortgage, non-resident
Hi all,
I'm an architect and developer based in Europe and considering investing in the US - new builds and BRRRR.
If I bought and renovated a property in 100% cash, would it be possible to refinance with a DSCR mo...
Adam Scheetz
What is "The Courthouse Steps"??
Greetings All,
I'm a novice here trying to tap this fountain of knowledge so thanks for indulging.
When studying up on REO, (pre) Foreclosures, notes, etc, I keep seeing the phrase "...on the Courthouse Steps." Can ...