I have gotten some really great tips on Hard Money Lenders when looking for Wholesale investing. The problem I'm having is that a lot of Lender's want what they call "Skin in the game". They require a minimum of 20% i...
I still get a few requests for HML or transactional loans. I'm just curious. Those that are actually doing or trying to do deals, this is for you.
1. Are you finding the loans?
If yes
2. Do you have skin in the game...
I had a thought today after reading some on hard money lending. I read that some HML lend up to 65-70% ARV. Could the scenario exist where 65-70% ARV is the AS-IS value of the property, actually giving you the ability...
I have been approached by a great Construction Co. in reference to doing a JV on some flips in my area. He's seen what Ive been doing in my area and wants in. We briefly discussed it...nothing in depth. Im used to doi...
I own a rental property. I am under contract to eventually sell an easement for a cell tower on a portion of the property and receive a lump sum. Just trying to find a way to reduce taxes on this unique situation. ...
Hello people! I was wondering if there are any ways to reduce your hit on capital gains from the sale of a flip. Can you roll profits into a down payment on a new SFR property without getting hit or are there any ot...
Fellow investors: it is so annoying to rehab a cash- or hard-money-purchased rental then have to wait six months before doing a traditional/conventional/conforming/Fannie/Freddie cash-out refi. I know that I could ju...
Since I as of yet do not have any commercial property, this is nothing more than morbid curiosity...
...I've heard that cashout on refi's in the commercial world cannot exceed 20% of loan amount regardless of LTV. I...
What are the typical terms a hard money lender looks for? Is $10,000 sufficient to show hard money lender I have skin in the game? Is it okay to get a great property under contract while not exactly knowing where my f...
Selling @ $500k
Lender providing $490k
Can the remaining $10k be carried by seller? Will brokerage allow?
If so, should it be a separate contract? Should it be outside of current escrow? Should the $10k loan be a l...