
11 October 2024 | 4 replies
. $50k at 18% per annum, for 2 months (essentially $1,500 in interest for 2 months of lending).

20 October 2024 | 147 replies
Agent spam is not terrible outside of Columbus, but the general spam from lenders is CATASTROPHIC and I report all of it.Speaking of catastrophic lending, I was almost scammed by this guy, Justin Nguyen, who contacted me on BP.
11 October 2024 | 2 replies
Speak with the commercial lending department as it's 5 units.If those are the numbers, you may be able to do a deal like 50k down from you, 50k contribution in the form of seller financing (2nd mortgage), and then the bank can provide the rest including purchase + rehab financing.

12 October 2024 | 7 replies
I had some investors whose entity was too complicated for the bank to feel comfortable lending to them!

9 October 2024 | 8 replies
I am in the process of purchasing 3 properties all right next two each other. 1 multifamily and 2 commercial office space of which we plan on using a significant portion of for our medical practice. Coming up short on...

14 October 2024 | 31 replies
I realize that turnkey properties mean you can’t improve equity so a re-assessment would not add lending dollars, but is there a scenario where the numbers work?

11 October 2024 | 7 replies
So, now, you only have 20% equity in the fund that is lending to the borrower that is 120% LTV, and you make money hand over fist. 30% is CONSERVATIVE.

11 October 2024 | 4 replies
Mike Boring of Bakerson reached out to me with a lending opportunity for a bridge loan.

10 October 2024 | 2 replies
Never done it either, we've been approached to lend by some investors looking to do it.The risk of insurances rates skyrocketing or simply being cut off makes it extremely difficult.You also have to consider rental demand.

12 October 2024 | 9 replies
As a licensed mortgage broker I'm further compliantly (and confidently) able to provide mortgage insight and direct the customer to the most suitable lending partner or program.