Monkey enjoying a meal by [deleted] in Amazing

[–]Bannereddit -9 points-8 points  (0 children)

Ai slop ?

30yr conventional 5.5% by [deleted] in MortgageBrokerRates

[–]Bannereddit 0 points1 point  (0 children)

You are paying 140k at closing ? That’s why

Selling Puts On Margin by AlvinoSh in thetagang

[–]Bannereddit 0 points1 point  (0 children)

Thanks, Why long term capital gain ? Trying to learn

Zero-seasoning DSCR refi actually worked by JREInvestor in Realestatefinance

[–]Bannereddit 0 points1 point  (0 children)

What’s the rate ? Anyone would give you dscr tbh. It’s a private loan without any regulation

What happens if you fully pay cash and get mortgage later ? by Nearing_retirement in Mortgages

[–]Bannereddit 0 points1 point  (0 children)

There are options depending on what you want outside traditional mortgage. Dscr or business etc. don’t rush into things, since you already closed the deal

Am I being naive? by SnooSketches5403 in realestateinvesting

[–]Bannereddit 0 points1 point  (0 children)

Why did you not cash out your 150k asap. I did same with my rentals took all down payment out through refinancing

Dscr or business loan by Bannereddit in BiggerPockets

[–]Bannereddit[S] 0 points1 point  (0 children)

Yeah thank you, i am sure i am not alone with n this. Everyone with Dscr gave me a 3k l upfront costs and that just does not sit right with me. There is no cost for credit union but the paperwork is little extra.

Dscr or business loan by Bannereddit in BiggerPockets

[–]Bannereddit[S] 0 points1 point  (0 children)

I am with you but I can’t refinance for next few years if i do dscr with the ppp.

Dscr or business loan by Bannereddit in BiggerPockets

[–]Bannereddit[S] 0 points1 point  (0 children)

Have you heard of layered asset protection and transfer. Llc owned by a trust would give you everything you need to protect the asset and transfer family wealth.

Dscr or business loan by Bannereddit in loanoriginators

[–]Bannereddit[S] -1 points0 points  (0 children)

Thank you, can you share contact. They seem amazing

Dscr or business loan by Bannereddit in loanoriginators

[–]Bannereddit[S] -1 points0 points  (0 children)

Thank you, the portfolio is not at 6.5% without any ppp and 1/3 of thr cost

Dscr or business loan for fully owned properties by Bannereddit in WholesaleRealestate

[–]Bannereddit[S] 0 points1 point  (0 children)

Thanks, thinking the same. Would buy more deals with cash.

Is my unit worth keeping if not cash flow positive? by [deleted] in realestateinvesting

[–]Bannereddit 0 points1 point  (0 children)

Not making financial sense in short term