I am considering purchasing a property for $700k CASH that would appraise for $800k (being conservative).A few questions:1. How are the interest rates like for Delayed Financing? Are they a bit higher than conventio...
Most of the ads seem to say most HMLs will lend 65% to 70% LTV for rehab projects; but in reality, most of the quotes seem to be in the 35% to 40% LTV range. They often mention only funding 80% of both purchase and re...
Hey, looking for advice on whether to refinance my home and do a cash out refinance or do a term and interest rate refi and then be able to do a HELOC. My goal is to get started with buying real estate investment prop...
I have 8 separate 5 yr fixed rate mortgages (and P.notes) that the same bank (in Wisconsin) has made to two of my LLC's and secured each loan on a separate property. I personally g/tee these loans.
Rates have moved ...
Objections from your investors? What have you seen recently and what have you said to combat that?
Hi everyone,
I am a multifamily property operator, and I am looking for some advice on where to park our reserve funds. Currently, we have them in a money market savings account, but I believe there are better opti...
I’m wondering if anyone has any info on using an asset based lending company like Visio? I’m at the point where the income I have won’t allow me to get a mortgage with the banks. The person at visio said they don’t re...
Hey All, this gets a little complicated so I'll try to explain clearly.I purchased a duplex back in september w/ cash and did delayed financing with 70% LTV. Using those funds (and some others), I purchased a new pri...
I'm looking to start investing and it seems the only way I can get started is with something called Hard Money. Can anyone tell me their experiences and/or pros and cons? Any informatiion would be helpful. Thanks!