25 October 2018 | 10 replies
I will be using a hard money loan and once the property is rehabbed and tenanted, will refi with long term financing.
18 October 2018 | 13 replies
Is there usually a standard amount of years the loan is held?
19 October 2018 | 8 replies
Absolutely, but few banks will loan on a park with no infill plan so that moves your capital from the development side to the MH acquisitions side.
25 October 2018 | 9 replies
He wants to earn the interest over the term of the loan.
17 October 2018 | 0 replies
Hello, We are currently a LLC with multiple properties and we have been running into walks with trying to obtain loans or refi.
5 June 2019 | 14 replies
I was wondering if this will affect me negatively when applying for a job and if I’m better off staying self employed until I find a property and my loan is squared away.
19 October 2018 | 4 replies
If they keep the loan in house, they sometimes will loan a higher amount.
24 October 2018 | 5 replies
Found someone willing to invest the downpayment, I put the loan in my name, and we split everything 50/50 after.
25 October 2018 | 12 replies
We spent almost all of our free cash on the down payment, we went with a conventional loan putting 20% down with a community bank in the area (which also happens to be my employer).
18 October 2018 | 5 replies
Anything residential will have to be a personal loan and only commercial can be given a loan for an LLC however because my partner and I do not have past experience in the field commercial loans are not available either.