Looking for lenders that service TN that will use AirDNA to determine DSCR for short term rental AND that will allow the seller to finance (second position) the portion of the purchase price not covered by the main DS...
Hello everyone,I’m new to Real estate investing (own 2 rental properties). I recently connected with a couple who is doing fix and flips in my county. I saw one of their properties and was impressed with the rehab.The...
I'm getting back into lending and I've had a recent offer for a loan as a second lien position. From what I remember, you want to be in a first lien position. I prefer that to be the situation as I'm just getting back...
Would banks have a problem with financing the other 50%? If they would have an issue, why? Are there lenders aside from banks who would lend with an owner finance deal? I'm curious to know if this is possible because ...
Hello BP,Would any RE attorneys/someone who has experience in this Seller Financing process to help me verifying if the below TERMS are okay for my side (Seller)? Just a little background, the Buyer will put 50% down,...
I have 4 rentals. All cash flow positive. I’m running out of capital to buy more. One option is I can cash out refi one property that has $400k in equity. If I take out $200k, that property will have a negative cash ...
I met with a developer yesterday and during our meeting he stated a 40% “preferred” return to partners. That got my attention, and although I do not want to talk numbers here, the point is that he is looking for a loa...
For simplicity sake, say I loan 10,000 to a borrower. What total return should I expect, realistic and Best Case?And what term lengths?What have you experienced?
I purchased a single family home for 590k (20%down) in southern California and Reno cost was 50k. I added an ADU for $115k cash. It collects total 5k monthly rent. Please help with roi, cap rate or whatever you woul...
OK so, to qualify this, I've never bought a note before ....but I have paid attention and done some research. I have a property where the home owner is about 5 months behind on his mortgage and the bank is ready to ...