Pete Crutchfield
Non profit loan options.
29 February 2016 | 5 replies
==============Depending on what kind of non profit...There are few lenders in that area.Churches get underwritten based on giving units...not profits...and the number of families in a church...and the concentration of the donations by the largest 10% of donors//givers....Risk Magazine just rewrote the guidelines for churches.....and how to underwrite those loans.Non profit schools and hospitals (Charter schools) get treated differently again....and there are two lenders that will raise money for those based on a private small bond offering...but more expensive than a straight bank loan.Hospitals and assisted living facilities are treated differently again ....So some more info on the type of NON PROFIT info would help us assist you better....Please find a bank that understands those...as your average banker only understands DSCR and commercial finance is most comfortable with a profit driven enterprise....Non profits get underwritten differentlyI just completed the loan process for our church for $1.5 million for the land to be followed by a $7 mill construction that I shopped to 3 credit unions and 2 commercial banks...
Account Closed
We Are Only One Decision From a Totally Different Life
4 October 2016 | 69 replies
If you don't know what to do with the proceeds, I know where you can donate it. :) Keep up the good work.
Lauren B.
First Year; four flips, two evictions, then I bought a rental
13 January 2019 | 10 replies
(AND donated a ton!)
Kim H.
Trade Market Rentals?
30 January 2014 | 13 replies
It could get crowded pretty quickly.Eviction is pretty much if you haven't paid by a certain date and time, then your stuff is donated to charity.
Micki M.
My First Note
3 May 2015 | 17 replies
AS for saving folks homes that is admirable of course I have donated for free more homes to Habit for Humans that most people will ever own...
Scott Trench
Should We Make Our Kids Take Finance/Business Classes?
5 May 2015 | 68 replies
It's good work, but I also want to donate my time to work on what I believe is the fundamental problem - education, especially at the early education level.
Kathy Calderini
What is one thing you wish you knew when you started in RE?
11 October 2019 | 28 replies
I can donate money to the pregnancy resource center to help women in a time of need.
Ryan Dossey
And The Winner Of The Free BP Duplex is…..
30 June 2016 | 91 replies
You might drive by this one all day long guessing which house was donated free on this street.
Ryan Arth
how often or soon after closing do you cash out refinance?
15 July 2007 | 10 replies
Guess what, for every dollar you donate to the Boy Scouts you get to save a quarter, and they'll probably do better things with the dollar.
Aaron Bonne
What's your financial freedom #?
20 September 2020 | 156 replies
Intention of studying to get my real estate license by the end of the year, if not the beginning of 2020.End Passive Income per month: $15k:Which should be enough to cover expenses including travel expenses as well as charity donations.