My husband and I are new to real estate investments and we are trying to find a legit private lender that don't sound like they scamming. We have gone through a few referrals and friends and we can't seem to find any....
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Hi All,Im currently in a process of funding a deal with a private lender. the deal is around 700K and he asks me to pay the points in advance and not during the closing date.Is it normal? the lender is providing me a ...
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Hi all. I have my second property up for rent and have a question…. Long story short, an applicant and co-applicant applied for my property and do not meet my credit score minimum (which is clearly posted twice in my ...
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I've seen a lot of posts about folks not being able to secure financing on their property. What is the reason why you got declined?
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When a borrower is negotiating terms with a lender, he/she needs to determine the amount of points and note rate that will work best for their situation. Here is a breakdown of what it looks like when a borrower choos...
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We are under contract and in the due diligence period for a small multifamily unit in Atlanta. This would be a buy-and-hold play for us. None of us will be living in the property, so I don't think a 203k loan will be ...
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I want to make an offer on a REO using a LLC (or whit a S Corp ) as a purchaser, once they accept the offer I will sign on behave of the LLC in order to get the contract, now that I secure the deal I will talk to my p...
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Wondering how buy and hold investors usually pay for minor rehab after they purchase properties. Jobs like paint and landscaping etc maybe $5k - $15k jobs. Do most investors pay cash out of savings when they buy these...
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Hello guys,So i have a property i been trying to rent out for a month now with limited response. Today i get a text from a mom and 2 kids. Recently seperated. She said she is willing to pay a full year up front which ...
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I'm about to close on my fourth property and up until now, I have opted to pay whatever points were necessary upfront to lock in the lowest interest rate. It just made sense at the time: Go for the lowest interest rat...