I'm moving to Mayport next month, and instead of renting an apartment I've been researching duplexes in the area that I could reside in while renting out the other. Multi-family homes seem to be scarce in the area, wi...
Hello,It seems that the cost of borrowing money is going up. There are points on mortgages for investment properties (one bank quoted 4 points today) + appraisals + loan origination fees+minimum 20-25% down payment.I...
I am looking to get into syndication with a friend of mine who is a very experienced and successful agent(20plus years in the business) He has done a couple of syndications but it's not his niche. I have never done on...
Has anyone ever done any business with fundingforflipping ? I keep getting emails from them. Josh Allen (F4F LOC)hello@fundingforflipping
Hi all,
Does anybody know of a commercial lender that will give 85% LTV or higher? I'm only finding 75% at the moment and that is a significant down payment on most larger multifamily properties. I'm looking in OH, I...
Hello I would like to check if it is good strategy to borrow 70% of offer price form hard money (30%: I have cash) so I can offer like 100% cash offer. Once it is closed, I will refinance with 30yr mortgage. Is my und...
Hey everybody! Greetings from Gulfport, MS. I am getting my ducks in a row to get started in real estate investing. I have done one flip deal that was a foreclosure with property line issues. I was able to get a contr...
LTC vs. LTV – What’s the difference between the two?
Both of these metrics are used to measure, or determine risk when financing commercial property or making a commercial mortgage loan.
LTV
The loan-to-value ratio...
I see people are getting a loan and investment capital to cover the property amount but then they drop 100k on renovations and they say they have $0 invested. Where is the renovation cash coming from? Lenders have tol...
Hello,
I am in escrow on a building in North Memphis and need to get a loan to buy the property and fix it up, can anyone point me in the right direction please of a good lender for this? someone who is quick is idea...