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So if you have an option to purchase a property to buy and hold with a hard money and you have two option which one would you chose? Options being as follow First lender charges 3 points and possibly 8% rateSecond len...
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Hi all, first post after scrolling through for months. I have an offer through a broker from a construction lender on a 2 family gut renovation in Boston that I'm looking at. Not sure if this is truly "hard money" or ...
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I have been taught that some private lenders do not require money down. How do I find these lenders? The ones I find online all require some money down.
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I had a recommended roof contractor lined up to do a full roof tear off and replacement for 6600.
We had hammered all the details out and he was supposed to start this thursday 11/20. However, they wanted 1/3 deposi...
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I will be rehabbing my investment property (property manager will oversee) and am wondering if contractors expect some upfront payment (e.g carpet layer to buy carpet, cabinet maker for kitchens). I currently have a s...
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When filing our 2022 taxes, our CPA did not mention or encourage us to do a cost segregation study to capture bonus depreciation on the two properties my wife and I acquired in 2022. Our goal is to invest aggressively...
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I was wondering what obstacles rehabbers have in Detroit, I’ve heard permitting can be tough. What are some things to look out for when looking at distressed houses?
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Talking with Vivint solar right now about installing solar for all of my 4plex units. Talked to my insurance company and they don't seem too confident with me doing this. They have concerns about who takes care of any...
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Hello everyone I have a question regarding delayed financing exception.
My understanding is the purchase price and closing costs can be recouped on the cash out refinance. A lender has mentioned that if I was to pu...
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Hello,A little background. This past year we have run the gamut of GC's. A fellow rehabber was taken for 23k. The GC just took the money and never showed up. I had a few bad experiences culminating with this last ...