A mortgage broker connects borrowers with lenders, helping buyers and investors find and secure financing by shopping their loan among multiple lenders, advising on options, and facilitating the loan process, in exchange for fees or lender-paid commissions.
Log in to follow12 units, small market, all two bedrooms, in place NOI 118k after a 5% vacancy and 250 per unit per year reserves. Current bridge loan matures in five months at 9.1% IO and I need…
I've been building the lender list for months rather than doing deals, which is its own problem, and I finally have to pick a lane. The plan is six projects a year, average loan a…
Duplex rehab, my usual thing. 265k purchase, 85k of scope (roof, both kitchens, one full electrical rerun), ARV I'm underwriting at 430k and my agent thinks 440k on a good day. Si…