Looking to link up with a portfolio lender in the PA/DE/MD area - I've got one multi rental under a conventional mortgage and don't think I'll be able to finance my next one using a conventional/by the guidelines mort...
What is the best strategy for buying on (main) streets with redevelopment potential? My observation is that in our market, very prime development sites will sell for $40 million per acre, once assembled (priced off ...
I have a group of smaller investors that give me loans on a per project basis or into my business and we negotiate different scenarios for everyone.
They're all parties I have an existing relationship with, so I am...
Hi,
I noticed that many commercial loans have a 5 or 10 year call; what happens when the loan is called? Do you just renegotiate a new rate for the loan with the current bank or do you have to go through entire proces...
Hello all,
I have a property under contract that will be sold at sheriff sale on the 5th of April. I had a quick package put together and submitted yesterday ( 3/31). Chase states that they received the package, but ...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Lubbock.
Purchase price: $340,000
Cash invested: $43,000
This was our very first deal. We were ecstatic to find this one on...
Okay, so I currently own my home that I plan to eventually rent out as my first actually investment property. My mortgage is $650 a month and it’s a 4 bedroom 1 1/2 bath row home that should rent for about $1200 in my...
I've completed 4 fix 'n flips over the past two years, all very successful with cash on cash returns of 31%, 36%, 42% & 45% with cash investments ranging from $80K to $170k all with the same investor partner. We'...
Hi All. First off, please pardon my naivety, as I am a complete newbie. Though I've listened to and read several examples of those successfully implementing the BRRRR strategy, there is a key component that I still ...
Can I use a hard money loan to put an ADU on my property? Then refi the loan as a whole after the ADU is built? And with little down.