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18 November 2024 | 3 replies
(it is confusing from reading it)I haven't heard of it, but I don't think you can get a loan to become a TIC from a bank.
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18 November 2024 | 14 replies
He already has his mortgage - so, a blemish on his credit really won't negatively impact him.All you could go after is his bank account and state tax refund:(
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19 November 2024 | 4 replies
You can then GC the project yourself and let them help be eyes and ears and offer you the speed to get the projects done on time.As for financing, I had great success using a commercial loan product with a small community bank.
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10 November 2024 | 4 replies
Hi was was wondering if anyone here in Chicago or surrounding areas have purchased from the cook county land bank and if so what kind of loan did u get if any to buy and fix it up or develop a property any info would be very helpful thanks
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18 November 2024 | 1 reply
My first attempts to get a loan ended in some pretty humbling experiences (getting laughed out of a couple of banks due to zero credit history).Fast forward to today, and after building up some credit, a stronger W-2, and a solid professional background, I’m finally back in West Palm Beach, Florida, looking to make my first deal happen.
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20 November 2024 | 9 replies
Right now, DSCR loans are very competitive with what the banks are offering without all the paperwork that comes with conventional financing.
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17 November 2024 | 9 replies
You could be a private investor for a house flipper, but then you would be the bank and I am not sure how that would sit with your faith.I would park the money in index funds if you can't do syndications just because you are restricting the possible use of your money in real estate.
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16 November 2024 | 7 replies
I have not received favorable terms from the local bank I worked with on the original loans, and they are unwilling to work with the RV Park whatsoever.You may look for cash-out refinancing.
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21 November 2024 | 11 replies
They also will recommend “lenders”, “banks” “closers” “agents” and title company who they 100% are getting cuts from AND EVEN OWN without disclosing that information.
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17 November 2024 | 5 replies
.: Hello, I have been seeing increasing opportunities recently to bid on non performing notes on commercial properties that banks are trying to offload.These notes usually have the following characteristics:The note has reached maturity several months ago.