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Has anyone worked w/ a lender that offers asset-based STR financing w/ no points upfront and low or no prepayment penalties? No problem if it would require a 20%+ down payment and reserves. Sounds like it might be a l...
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In general, what is the main reason for a commercial bank to keep up so much scrutiny on commercial loans? Is it mainly to pre-emptively take foreclosure action if a borrower is having financial problems? Or is it ...
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If I were to purchase a property with seller financing, would I be able to acquire a HELOC to fund the rehab? If so, would that still leave me the option of refinancing with the bank in a few years--effectively pay...
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Hi everyone,My name is Nicolas Garcia. About five weeks ago, my wife Lindsay and I decided to make a big change in our lives. We want to take the reins of our own financial future and thus decided to invest ourselves...
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This is more of a financial advice question in order to prepare for the next deal. (We only have one STR and have had it for two years.) My husband and I each have retirement accounts through work, plus his 457 and my...
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Scenario: This scenario is an amalgamation of a few inquiries that I've had in the last couple months. Person purchased a neglected facility using hard money. Took a few years to get licensing, permits, etc, to either...
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Hello. I have recently decided to rent my home and move due to working from home. I have a VA loan at 2.25%. Being new at this I am just realizing as I intend to purchase my long-term home in 3-4 years from now, I ...
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First off, this website is awesome! It is so good to see a community that helps people that are new to the real estate game. With that being said I bring my first question to the forum.
What kind of measures do ban...
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I'm analyzing an apartment to purchase and there are some deferred maintenance items that will likely be pretty spendy in a few years. At least $40,000+. Does anybody have any advice on structuring deals to get these...
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I'm confused.? If I get a home under contract with a seller on a lease option market that property find a buyer to agree to a one year lease option. I charge the buyer let's say a 5k down payment to get in the house...