Sinaloa Hobson
hard money lenders
do they usually charge a application fee?Do they all run a credit check?
Randy Wilson
First BRRRR loan structure help
I'm trying to understand the mechanics of the BRRRR strategy and thought you guys might be able to provide some input.I'm looking at a property that is on the lower end of being able to qualify for a conventional mort...
Coty B Lunn
How to Buy an Investment Property
There are several ways to buy an investment property, each with its own advantages and considerations. Here are some common methods:
Traditional Purchase:Cash: Buying a property outright with cash provides a quick an...
Michelle Lancaster
Current Lending Rates
Hello everyone. I currently have my eyes on my first duplex. New build in 2018. Owned by one of my Army buddies who moved back home and is looking to sell. I am willing to do a 20% down payment, but the pre-qualified ...
Account Closed
A Good Template for Multifamily Resume for Lender
Hello everyone,CBRE is processing a loan for me and has asked me to put together a company resume. I have put together personal resumes in the past, but have a feeling that this may have a different format. Would anyo...
Daniel Fuentes
Refinancing loans under $50k
I just purchased two homes for 43k a piece via hard money loan. I now have 2 loans about $37k a piece that I need to refinance. The lender that pre-approved me forgot about the $50k minimum loan amount on the refina...
Matthew Heffernan
Indiana LLC for Property Management
Hi, I am working on my first property and have a conventional loan, which means my current LLC cannot "own" the asset, which I'm assuming eliminates protection the LLC would provide.I've seen other threads from years ...
Linda L.
Provide Transactional Funding
A-Seller, B-Wholesaler, C-End buyer
When you provide transactional funding to B as a lender, what are the things that you need to watch out for?
C provides non refundable deposit. Is there a % to the fu...
Gary Kaucher
Seller Financing - Condo Declarant - PA
My wife and I are the Declarant for 32 residential condo units that we built in Pennsylvania between 1984 - 1987. We sold 26 of those units then, and retained 6 units that we have leased out over the past 28 years. S...
Silvia Funez
I need help figuring out what type of loan to use
Please help ! I am looking to purchase a property in Puerto Rico. Its a fixer upper who was abandoned about a decade ago . It has a big lot and is close to the coast . We are in the process of negotiating the price . ...