29 December 2024 | 0 replies
Through the HUD website How did you finance this deal?
29 December 2024 | 9 replies
Typically when you see "cash only" the agent doesn't believe the property can pass a home inspection which isn't relevant for construction loans in most instances and there are plenty of banks, hard money lenders etc. who offer construction financing on distressed buildings.
29 December 2024 | 253 replies
Great job, Would love to see a breakdown of how you financed so many properties in a short tim - Conventional, Private, Seller Financing etc.
29 December 2024 | 6 replies
Especially if you have an owner finance buyer.
29 December 2024 | 13 replies
I mean at that point why not just use a HELOC to finance closing costs?
29 December 2024 | 12 replies
Also would charge points at origination and bump the rate up a point or twoReason being my guess is this borrower can it get conventional financing so they are a higher risk.
30 December 2024 | 819 replies
Sounds like again they are patching for as cheap as possible.
30 December 2024 | 16 replies
That limits LTR possibilities IMHO to some degree.
29 December 2024 | 2 replies
I’m not claiming to know it all—I’m here to learn, build relationships, and grow.Here’s what I bring to the table:A strong understanding of leveraging Net Operating Income (NOI) to secure financing and reduce out-of-pocket costs.Experience in negotiating deals and identifying opportunities, especially in the LA market where many multi-family properties are under $2 million.Skills in managing larger properties, from scheduling repairs and upgrades to optimizing operations for long-term value.The ability to use AI tools for data analysis, market insights, and deal projections to help us act quickly and efficiently.I’ll be upfront—my funds are limited after dedicating the COVID years to supporting my family, but I have the work ethic and expertise to find and manage properties that perform.