One of the lenders i am working on with buying a two family said once i get the loan under my name, a 30 year conventional said the deed of the property can be transferred to a LLC. Can someone please explain what the...
I've been a small hard money lender for a few years now, and typically lend on fix and flip SFR deals. Sometimes, the borrower will neglect to renew the insurance at some point triggering a need for forced placed insu...
I'm looking to invest in tax certificates in Birmingham, AL. I wanted to know if I have to go through the quiet title process in order to do a refi-cashout on a property. If anyone has any suggestions for financing th...
Hi BP... Is it possible to complete the BRRRR strategy with bad credit? In particular, the refinancing component when transitioning from the hard money for loan into the longer permanent loan. If it's possible to get ...
Aloha,First time poster. New to the community. A lil experience in buy and hold strategy. Deal:$85k investment for 50% ownership in a vacation rental property worth $750k with a loan balance of $700k. Prop rents out f...
I’m Nadia Daggett, Broker at Investing N Florida, specializing in strategic investment opportunities. I currently have several properties for sale in flood-prone areas along the beaches of St. Pete, including Madeira ...
Does anyone focus on one type of construction as a part of their REI strategy? Do you buy one type exclusively or is it just a deal is a deal mentality?How much in annual repairs (after the initial getting the proper...
Why is it that when calculating Cash On Cash Return in the expenses the property insurance and taxes are added separate from the mortgage if those expenses are already included in the mortgage payment with the princip...
Some simple things to think about:
Lenders want you to have skin in the game. 10% plus closing costs. There isn't 100% funding unless you have a lot of experience or a relationship with someone.Lenders will generally...
How can I as an Income Property Owner prepare for a Flint like event? My first thought is to diversify my portfolio into more than one market. After that I am not sure. Is there a type of insurance that can help hedge...