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13 December 2024 | 16 replies
Your best bet for that size will be local banks and credit unions, good luck.
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11 December 2024 | 8 replies
This area of banking could do with some standards.
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13 December 2024 | 13 replies
The cash that would flow in a 30 yr loan underwriting scenario is sent back to the bank so that builds equity faster.Forced appreciation, while excellent overall, I am not sure it helps in this situation to avoid income from cash flow as that will probably both provide equity, but also increase cash flow right away.
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10 December 2024 | 2 replies
Any bank fees.
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8 December 2024 | 4 replies
@Dan Dares TMYou can use your familyMember but they will need to be a part of the deal and the bank will most likely want them to personally guarantee the loan.
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9 December 2024 | 15 replies
More than likely, the bank will not want to invest in attorneys for an eviction if they're looking to sell as-is.
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17 December 2024 | 16 replies
We have some meetings coming up in a couple days with lawyers and banks so hopefully it goes well.
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7 December 2024 | 35 replies
Your bank today on the loan might have sold the loan to someone else, kept the loan and the bank was bought out by other bank, not loan as much on commercial real estate anymore, etc.
8 December 2024 | 2 replies
If you think this is your comp and you did the work without permitting it, the value from the bank will not be the same as the other comp sold because they will ask for permits/city confirmation this was truly added to give the value.