Been negotiating and gathering info on an 8 unit building in Clayton, MO, a very affluent area of St Louis. Rents are at 5,400 monthly and could be brought up to around 8,000-8,200 with about 70k in repairs. Great v...
Hey everyone,I am trying to learn all I can about hard/private money and how the deals are structured. I think I know the answer to this, but I want to make sure: Do hard/private money loans only wok for both parties ...
Hello-I am an accredited investor, in Atlanta, with private money, interested in learning more about the ins and outs of investing with private money lenders.ThanksMark
Is it possible to use a hard money lender for a down payment? Has anyone done that to obtain 100% financing or close to 100% financing?
We are looking to purchase a property to use as a short term rental. We already have one exiting mortgage on our primary residence and have great credit scores. I have read that you can get vacation home loans for bet...
Whenever I speak with a homeowner facing foreclosure, they always ask if I can help them get a loan to reinstate their mortgage. I understand why it's nearly impossible to find a lender for that particular situation....
I am on commission in my job, and although I do well, banks have been turning me down for loans because I don't have a commission history of at least 2 years. Prior to 5 months ago I was all salary. So based on this I...
I recently read an article in a business journal regarding investing in real estate through crowdfunding. Has anyone on this forum had experience dealing with Fundrise, RealCrowd or Crowdstreet? Anyone care to discu...
Just got a 4 plex at auction. Need to close in 30 days. Normal banks say they cant do it in time. Does any one know of person or group that can lended in that time frame.
Quick context for me: I'm 28 and purchased my first home (multifamily) in early 2021. The rehab of one unit was very costly, but I've ended up with a homerun with my interest rate and my current equity value. Since th...