2 March 2017 | 0 replies
"This will only further hamper tight supply and put major investors in direct competition with traditional buyers."
15 March 2017 | 15 replies
The second was a traditional finance at $203,296 with an inspection and finance contingency, and the third was an attempt at creativity inspired by Greg S.
9 March 2017 | 8 replies
This is a very expensive way to finance flipping and we are going to more traditional loans as we get more experienced.
11 March 2017 | 14 replies
There's a sweet spot ("not busted and torn apart, but also not not updated and current... juuuust right") where the property is traditionally financeable, but severely neglected.
10 July 2017 | 25 replies
I always thought that when you transfer title, you trigger the due-in-sale clause in a traditional mortgage.I see questions time and again from investors who want to transfer ownership of their residential property purchased with a traditional mortgage into their LLC but are worried about triggering the due on sale clause - or worse, don't even know the clause exists.Some of our (non-lender) members say this never happens.
3 July 2017 | 6 replies
Save the 10% of a traditional PM and make this turn a little profit for you.
13 July 2017 | 3 replies
Some of these loans are attainable the same way a traditional mortgage is obtained and can require a little less in downpayment.
4 July 2017 | 2 replies
This would have been a commercial loan - I used the term "conventional" when I should have said "traditional", meaning that I was assuming the standard loan terms for this type of property.
1 June 2024 | 5 replies
They will use their own contract that is heavily, heavily skewed toward the lender and will usually pass many traditional seller fees off onto the buyer.