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Hello all!I wanted to ask if the following fees seem in line for a Hard Money Loan: $700 at time of application submission for SOW Review, Renovation Cost Validation and an Appraisal.$175 Draw Schedule Review$235 Doc...
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I am wanting to learn more about Hard Money Lending, specifically in California. I am obtaining my Broker License soon and would like to charge points on the front end to match my investor clients to my borrower clien...
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Hey just wanted to know who ya'll are currently using when refinancing out of a hard money loan? I've noticed that some lenders are no longer refinancing on the after repaired value if the house has been owned less t...
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I have a 6-unit property in Midtown Kansas City that I bought in 2020 from a slumlord. The whole place has had modest renovation done to it and are all 3 bed / 1 bath units @ 1200 sq ft.
I have a couple vacancies t...
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I was wondering if anybody, in the most Real Estate for Dummies way possible, could walk me through the process of paying off a private/ hard money loan using a conventional mortgage?(Forgive me for this next part, I'...
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I have noticed that the hard-money and private lenders want lots of personal information. I am not surprised that they want to know about credit, history, work, etc. in order to perform due diligence on making a loan...
I'm in the Houston trying to get pre-approved for a hard money loan. My plan is to buy and hold. My problem is my debt-to-income problem. I had too many business related write-offs on my taxes. I really don't want ...
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Ok, when acquiring a property using a hard money lender how is it actually structured? I understand its typically a short term high interest loan but how it is actually arranged? I assume it works like a personal loan...
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I have a few buy and holds under my belt. I’m looking to flip for the first time and I’m partnered someone who has a good amount of flipping experience. Coming in with extremely strong credit so I’m confident I can fi...
I am new to investing and I am interested in flipping I think I would like to use a hard money lender or private lender. The question I have is; how do you find these two types of lenders and what do you say to them....