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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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20 November 2024 | 4 replies
If this is a 1-4 unit residential loan, most appraisers and lenders are going to use the sales comparison approach.
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21 November 2024 | 5 replies
I've seen this done and sold as well while there was loan. it's a partial release and two new legal descriptions. let me know if I can help in any way
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20 November 2024 | 3 replies
HI Abigail,Acquiring a loan, lenders always look into 3 metrics Income/Assets/Credit.
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20 November 2024 | 14 replies
To improve cash flow and manage your current situation, here are some potential strategies:Refinance for Cash Flow: Refinance your properties into long-term fixed-rate loans to reduce monthly payments and increase cash flow.
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10 November 2024 | 4 replies
I'm considering refinancing my current VA loan, which has a 5.6% interest rate and a monthly payment of $3,200, into a conventional loan.
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18 November 2024 | 1 reply
I recently closed on the purchase of 12 acres with the help of a family loan, and the farm service agency ( 1.5% for 20 years).
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17 November 2024 | 10 replies
Next, as stated above, a DSCR loan cannot be in 2nd lien position.
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11 November 2024 | 7 replies
Kindly help me with some suggestions what type of loan better for retail buildings.
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17 November 2024 | 7 replies
The seller is willing to owner finance 75% of the loan but wants the other 25% upfront.