Tommy Mosley
Looking for a hard money loan broker
hello I'm located in Georgia and was wondering if anyone could refer me to a good loan broker that I could possibly Connect me to some hard money lender's. I am in the process of trying to do a refi cash out on a...
Edgar Z Whelan
Is cash out interest deductible
I have various investment properties that I bought cash back in 2008-2009. These properties have increase a lot in value. I am thinking of getting loans and pulling out equity. Will the mortgage interest be deductible...
Jay P.
Debt Service Not Paid by Property Cash Flow
If you pay your debt service from money earned outside of the property's cash flow [W2 income], do lenders consider that or do they look at the numbers from the property as all inclusive to the property?
Giovanni Puglisi
Needs some guidance on a retail shopping center I have
Bought in 2011 for $1.1mil with $200K down owner carry at 5.85%.CAP rate of 6 values it at $1.7mil. Rents are slightly below average for the area.I need to do some capital improvements. Roof, parking lot, sign and l...
Perry Dube
Negatives of Hard Money
Hi everyone! I am a hard money lender based out of Tampa, FL, but lending nationally in non-rural settings. We have been lending in Florida since 2016, but just started lending nationally in the past year or so. As we...
Chauncey Craig
Triplex Creative Financing
Hello everyone, i’m looking to purchase a triplex in Mississippi. Credit score is 740, 100k salary, and i’ve never purchased a home before. My goal is to live in the property and rent the other two units out via airbn...
Tyler Followell
Turn-key Small Multifamily as First Investment?
Hey all,A little background of myself, I am a graduating college student pursuing real estate investing as soon as possible. I have worked numerous real estate internships/jobs from a Leasing agent for nearly a year t...
Dan N.
DSCR Loans: Is it true they DON'T allow you to make ANY renovations?
Just got off the phone with a lender that was interviewed recently on Dave Meyers' podcast.Had some of the best terms I have come across so far for DSCR loans.BUTThey DO NOT allow you to do ANY renovations (maximum pa...
Eric Coats
Cash Out Refi with a twist??
I have a LTR property under contract that needs more rehab than I want. . I planned on getting a conventional loan and putting 25% of the purchase price down. I asked after I rehab the property, can I do a cash out...
Christopher Salerno
I'm interesting in Lending Hard Money in New Jersey
Hi, Folks. Any advice for someone looking to get into the lending of Hard Money in Northern New Jersey? I don't know anyone in real estate here. Thanks,Chris