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Results (8,582+)
Priestley Leng Understanding Construction Loan Terms
13 July 2024 | 2 replies
Draw schedule to be agreed upon prior to closing.Term: 1 YearFee to Lender: 2.5 points – ($13,125 paid at closing from loan proceeds).Interest Rate: 11.5% Interest-Only billed monthly on outstanding balance.Interest Reserve: $15,000 – approximately 6 months interest, paid at closing from loan proceeds.Once interest reserves are depleted, borrower to make interest-only payments monthly.Pre-Payment Penalty: Should loan be paid off prior to interest reserve funds being depleted, a pre-payment penalty will be charged equal to the amount remaining in interest reserves at time of payoff.Loan 2: Loan amount 490,530.60Lender Points: 3%broker points: 1%rate: 11.99%Term: 12 months (interest only)Prepayment penalty: NoneProcessing fee needs to be wired before LOI can be issued
Vic Reddy Negotiating Lender Debt due to City demolition
14 July 2024 | 6 replies
This ensures that your primary mortgage is settled, helping to alleviate the immediate pressure of foreclosure.Credit Line Payoff:In addition to paying off your lender, the refinancing solution also allows for cash out to address your outstanding credit lines.You can receive up to $15,000 per credit line, with a maximum of 9 credit lines eligible for payoff.
Bryson Rajendran How to Find Commercials Deals Besides Relying on Brokers
13 July 2024 | 24 replies
Borrower contact information (name, address, phone number, email) Loan details (account number, loan amount, outstanding balance, interest rate, payment history) Copies of loan documents Borrower Notice: The original lender should notify the borrower about the transfer and the information being shared with the new servicer.
Dylan Ritch How do I know what kind of investing is right for me?
12 July 2024 | 23 replies
Leverage is why RE has historically obtained outstanding returns
Julie Muse Finsbury Drive Success: Profitable Flip in Spring Hill with Glenn Klingensmith!
11 July 2024 | 0 replies
The deal highlighted the strength of our partnership with Glenn and our commitment to delivering outstanding results.
Julie Muse Tip Top Road Triumph: Profitable Flip in Mariposa with Seth Choate!
11 July 2024 | 0 replies
The deal highlighted the strength of our partnership with Seth and our commitment to delivering outstanding results through strategic investments.
Eric Lahoda Lease term month to month
10 July 2024 | 11 replies
I would offer an annual lease if a tenant prospect has an outstanding application. 
Julie Muse Foss Ave Flip: Big Returns in Drexel Hill with Shannon Johnson!
10 July 2024 | 0 replies
The deal highlighted the strength of our partnership with Shannon and our commitment to delivering outstanding results through strategic investments.
Julie Muse W. Marlboro Drive Flip: Profitable Partnership in Chandler with Graham Lyster
10 July 2024 | 0 replies
The deal highlighted the strength of our partnership with Graham and our commitment to delivering outstanding results through strategic investments.
Joseph Nguyen Should I cancel Court Date
9 July 2024 | 2 replies
Also find out how to file a judgement for outstanding rent-you'll likely never see the money, but if you can get it attached to his credit score, that would be good.