What's the current, average Hard Money Loan interest rate in Phoenix?
Can an individual or DBA get approval for a Fix and Flip hard money loan? Or, do I need to get an LLC or Corp entity.
I'm just about to close on my first rental property (house-hacking a duplex in a small town outside of San Diego, CA). The previous Landlord raised rents 3-5% every year on this property, so it is currently rented fo...
Hey
Can anyone help with this one?
With regard to getting a hard money loan, there are 3 of us in our group and we are obviously using the person with the best credit to get the financing for our flips.
That person ha...
I've been calling hard money companies and really went not good. Some of them try to sell me a mentoring program in order to lend me money. Any tips or any of you guys know a good one. Thank you
I’m planning on making an offer on a house tomorrow. If the bank accepts, I need to give a 10% cash deposit within 48 hours. Ok, I’ve got that covered. However, I plan on using a hard money loan on this transaction as...
Oftentimes a subject of some debate is the reality of what is a renovation or “rehab” loan. Simply put, a rehab loan is a specialty loan program that allows the borrower to purchase a run-down home and to finance an a...
Hello everyone,Looking forward to sharing ideas with everyone in the creative financing space.Best regards,Rod
I have probably a dumb question, so bear with me!I've seen the $100/door evaluation criteria discussed, and cashflow also discussed. I've listened to a few podcasts where people are discussing cashflow with regards to...
I just finished reading Christine Karpinski's book 'How to Rent Vacation Properties by Owner' . The slant of it was that if you manage yourself and use portals like Airbnb, vrbo, etc. you can break even or even get po...