| Title | : | How to Calculate Your Hard Money Loan Amount |
| Lasting | : | 12.59 |
| Date of publication | : | |
| Views | : | 5,8 rb |
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So I found a house that should be worth a 180000 finished, so I assumebrIt should be quite profitable if I do the majority of the work myself Which is one advantage? I do have because I have experience in all types of home building Start to finish I would still have to get inspections The bank won't lend on it Because I only need fifty grand for the renovation And the property is bank owned and in need of some real help I have half of the property purchase value saved in cash But would need another fifty to do the renovation and the second half of the property purchase send me some help if you know how to get ahold of people on here I'm not a technology geek I work with my hands and that's mostly what I know and do best Comment from : @derekbueckert7428 |
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Can you use hard money loan to only rehab a home? Let's say I purchased the house from a deed auction in lesser conditions can I use this type of loan for that? Comment from : @Allan-vg7pz |
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Hi thank you for the video it really helps allot, I'm looking into buying a 50k home and my credit score is 680 right now how much do you think it would be the monthly payment for 50k the property has a tenent on the first floor and the second floor needs just a little rehab floors maybe kitchen and bathroom and What about if I want to keep the property after i repair what can I do if I don't want to sell the property and kept it as a rental? Comment from : @Ysvnmnks |
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great video!! Comment from : @CamposCapitalGroup |
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Yeah it's true Comment from : @PatriciaChisanga-ic7bs |
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How does the hard money loan work if the lender wants points? Can u do an example of that I dont understand of the points is tied to the principle at the end or principle and interest Comment from : @brebre09shana |
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Hands down best walkthrough on hard money loans Comment from : @andrewdorsey_ |
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Cleanest breakdown I’ve seen Thank you! Comment from : @nicolasbowers9028 |
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