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Could I use the income from a rental property to quialify for a refinance?
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Hello. I found a property I’m interested in making an offer on and using the BRRRR method. List price is 119k but I think I can get it for around 100k with an ARV closer to 165k. I currently have 6 properties and am ...
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Has anyone become a hard money lender? Do I need to have a license? I'm in Hawaii.
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Hi;
If I were to pool investor funds together to loan out as a hard money lender, are there any special regulations I must follow? At my REIA club, another investor was putting together a fund for personal investment...
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I have an individual that I work with on a regular basis and he would like to start doing private/hard money loans in Michigan. Does anyone know the steps and requirements for this?
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I am looking at purchasing a property with a house on it with a hard money loan. The house is damaged and I will be demolishing it and rebuilding on it with a duplex or prefab. If it can meet my requisites for renting...
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Hello, all.I have been pondering many ways on funding a purchase when I get ready to begin buying rental properties next year in the Chicago area. One thing I can't seem to find an answer for (because it may depend on...
I am looking at doing a fix and hold. My question is why a hard money lender if you have to put down 20% either way? Can't you just do one of those conventional loans that also includes repair costs?
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What are some of the documents that hard money lenders ask for to fund a deal?
Hi I am looking for hard money for a deal I am doing in Norfolk County. The house will not qualify for conventional financing. I will be putting down 50% of the asking price. There are so many Hard Money Lenders o...