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Has anyone used a Line of Credit from Colony American Finance to grow their portfolio? Has anyone used the LOC to purchase turnkey properties? I am thinking of using this strategy to grow my portfolio. It seems like a...
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I’m about to close on a 500k property. I would like to purchase another home soon I tried going to the traditional bank but they have denied me due to my debt to ratio will a portfolio lender lend to me?
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Hello guys!!!Question for lenders,What are the requirements to refinance a rental property? I only owe $30k on it and would like to refinance for a better interest rate as my credit is perfect now and was not when I f...
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how are hard money loans structured? are they amortized or interest only?
if you got a 3 year hard money loan would you pay interest monthly for 3 years and pay principal in balloon payment after 3 years?
thanks
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Hey BP Looking for banks in Texas that have the capacity to lend to international and or LLCs Cheers
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I am a licensed Mortgage Lian Officer and a Licensed Real Estate Agent. My girlfriend is a Licensed Real Estate Agent. It's my understanding I can originate a mortgage AND be on real estate side of ALL loans except FH...
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We've recently received term sheets for hard money from Conventus that are quite competitive. I'd like to hear any good and bad recent experiences you have had with this lender. Thanks.
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What is the upside in assuming an existing mortgage on a property? Most deals I see that advertise the ability to assume the existing mortgage seem to have higher interest rates compared to what is being offered now o...
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Does anyone have any advice on getting a residential mortgage in the name of my LLC? I went to a broker and they said I wouldn't be able to do it, that I would have to get the mortgage in my name and buy the property...
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Hello everyone! I am helping a friend find some lending for his cabin project. We’re located in Charlotte, NC. He’s an awesome contractor and has done a few remodels. Anyone interested in lending or able to provide s...