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23 November 2024 | 7 replies
I did not care about the interest rate much because I am thinking banking is like a leech sucking up your hard earn money.
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26 November 2024 | 13 replies
You have a good amount to plunk into a strong multifamily property in Northern New Jersey, but you will be banking on appreciation more than cash flow.
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24 November 2024 | 27 replies
Banks typically require 30% down minimum on condo-tels, many banks won't even lend on them (again, not sure about your market).
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28 November 2024 | 184 replies
Quote from @Dongzi Wu: SEC Charges Self-Proclaimed 'Queen of Mobile Homes' and Three Salespeople with Fraud in Mobile Home Investment Scheme This is code for investors money is gone unless there is some bank account somewhere or there are assets.. these deals never end good.
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22 November 2024 | 8 replies
Bank/conventional lender.
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22 November 2024 | 2 replies
I would suggest you talk to a mortgage broker or a bank though - if those homes are zoned commercial you will probably have a hard time getting an FHA or low down Conventional mortgage.
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20 November 2024 | 45 replies
@Jay Hinrichs I think that assumes the banks will lower the fees.
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15 November 2024 | 7 replies
I currently have 1 Business Bank Account that is for Master LLC and stuck on best way to manage cash flow and flow of funds between account for all master expenses related to my business setup vs and also expenses/ rent related to the properties to ensure that I keep things clean, simple and easy for reporting, taxes.
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20 November 2024 | 4 replies
Quote from @Faysal Alam: What banks or credit union can I use to refinance a car under my LLC name , my car is a 2023 Tesla model y performance , I owe $42,500 on the car , I’m looking to refinance the car under my business , my business was established 03/2023 .
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15 November 2024 | 5 replies
I’ve been working with a bank’s agent over the past three months on a single-family home listing in my area.