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Do any of you have personal experience using the delayed finaning Exception? More specifically, have any of you used a bank local to the Raleigh, NC area to do this type of financing? I am looking to purchase a prop...
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I had a conversation today that piqued my curiosity regarding being a credit partner. Here is an example deal:A full time investor acquires a residential property (4 units) and fixes with private money. They want to r...
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All,
I've heard that building local relationships with banks and credit unions is better than big banks. What questions do you need to ask to make sure they will be able to provide services to aspiring real estate...
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Hi Everyone ,I am wondering what the likelihood of getting a conventional cash-out refinance loan on a mobile home (manufactured home) would be if I purchased it with cash. The sticking point is that the mobile homes...
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Hey Everyone,I'm a 23 year old 1 year out of college and eager to get into REI but I'm wondering if now is the best time. I have about 12k in cash/investments but 20k in student loans and have only been working for a ...
Hello Everyone!I am in the process of buying this property that needs rehab of about $30-$40k. I am buying it for a significant less money than it's ARV, so even after spending that much on rehab, the property will wo...
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Just curious as what would be the better option here:
1) get a personal loan that would pay for the land and the mobile home or
2) get two separate loans one for the land and one for the mobile home?
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Do you secure a property and rehab cost through hard money? Or use a traditional lender and rehab with HM?
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Hi. I have really good credit (personally, an 800+ credit score) and my record for paying my bills is stellar. The only potential issue is that I am a newbie and am looking to buy the first property. I am hoping fo...
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Hi everyone, I need your help!I am an Anesthesia provider and earn a great salary, have a 750+ credit score and low debt to income ratio. However, I am still having a hard time with financing because I switched from ...