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My father has roughly 14 acres of land about 15 min west of Asheville. He has given me permission to build an investment property on this land which I feel very fortunate for this potential opportunity. I am leaning t...
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Rookie here……but D.S.C.R loans seem to be a great way to acquire property. I’d like to talk with anyone who has dealt with these kinds of loans before. Pros/Cons, contacts even maybe, for instance how do you even acq...
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Community bank terms are 8.5% for 20y. Any other options? DSCR?
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Hi everyone, I'm a real estate investor in Philadelphia and have secured hard money financing for my latest investment property. Once the renovation is complete and I rent it out, I'd love to refinance ASAP. Would lov...
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I am looking for information on a hard money lender for a commercial building. I'm a Subway franchisee with 24 restaurants. I'm purchasing an additional unit in Western PA that includes the real estate. I have the fra...
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Hello all! Me and my family currently live in a single family with a debt of $50k left of mortgage, if we sell the home we can lock in a good 150K sale price since the market in my area has gone up really well. Im her...
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I am about to do my first cash back refinance. Here are my final two contenders as options... Which would you choose, and why?
3.1% 30 year fixed, with 170,000 cash out -- positive cashflow of 1500 after cashback
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I own a property property outright and am looking to do a cash out refi of it. The property is in an LLC but is a single family. In talking with different local lenders I have two options:Option 1: 30 yr fixed rate at...
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So I am brand new and keen to dive into the world of real estate investing and as I've been educating myself the topic of financing has come up again and again. Now I am eager and determined to succeed in this busines...
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Hello All,I'm looking to a buy a home after claiming bankruptcy about a year ago. I have found a great job and was able to bounce back. I'm available to provide at least 20% of the purchase price. But after speaking w...