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What do hard money lenders do with deals they can't fund themselves? Do they ever broker the deal with another lender?
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What are rates looking like for a typically hard money loan today? 10-15% ???? How many points are they usually charging too? When I underwrite properties I have been assuming they are charging 15% for the hard mone...
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Hi! I’m a newbie in Las Vegas looking to add to my RE portfolio. I currently own a home and am trying to add a second house to add to my portfolio. A couple questions: 1. What area do you all suggest? My budget is $30...
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I just came across a property in Victorville that I would like to purchase. The details are below: Purchases price: $299KRepair: $10kARV: $400k I am open to flipping this property but also entertaining the idea of doi...
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I have been looking to purchase my second fix & flip however I keep losing out to all cash offers. I have also been looking at foreclosure and sheriff sales which want funds within 5 days. Which is the best way ...
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How did you purchase your first rent-to-own property? What strategy did you use?
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I have tried a couple of hard money lenders one said not for us and the other said once we have slab on grade and utilities they would be ready to finance (no letters of intent only email stating and no interest rate....
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Hey All!
Love this forum and all the great info I've been able to soak in as I embark on my REI journey! I am getting ready to purchase my first Investment Property following the BRRR strategy and am trying to decide...
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So, I am at a loss of what my next step should be. I currently own three propertues. One being my personal home, one is the house my wife had bought before I met her (which we now have rented out), and the other is a ...
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Hello everybody,
So shopping for a mortgage after getting an accepted offer i find out that we have to pay mortgage points on top of the closing cost when getting a mortgage. Is there a way to bypassing that?