28 April 2022 | 10 replies
I am an LO at a DSCR lender known as Easy Street Capital.
3 June 2016 | 64 replies
Top tier investors talk about billions of dollars over breakfast.The big differences in the various facets of RE is in my opinion:Agent, wholesaler - jobs.Flipper, L/O wrapper - small business ownerBuy and hold, notes - investor.Have a quick google for Kiyosaki's "cashflow quadrants".
13 November 2015 | 30 replies
That is why it is imperative to have a great LO.
31 March 2012 | 5 replies
A LO gives the buyer the option to buy the property after the rental agreement is fulfilled.
2 July 2012 | 2 replies
If the interest rate is fixed and the loan is older then seven years then thats fine too.You may want to L/O with a TBD purchase price this over selling sub2 or selling with a payoff.CongratsI am going to add that make certain that you include required occupancy repairs when figure your cost to entry.
28 March 2014 | 8 replies
Because we buy houses deeply discounted, or we get them with no-money or lo-money down, the risk on these properties is very low.We secure your loan with a first mortgage.
9 September 2009 | 3 replies
I have reservations about this structure, but it may come from inexperience with l/o format.
12 September 2013 | 12 replies
Nothing came about because I was in a L/O and had 5k down.
18 October 2023 | 37 replies
If sellers are getting the same marketing piece from you as they do from every other jo shmo then yes it will be hard to land a deal (also I am talking about equity deals not LO's).
2 August 2013 | 5 replies
It isn't really any different than what would happen in a LO arrangement when the tenant exercised their option and purchased.