5 November 2024 | 5 replies
Many lenders, including Wells Fargo, may consider it a due-on-sale clause, which could lead to them demanding full repayment of the loan.
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4 November 2024 | 19 replies
Alternatively, does anyone know of a loan originator who can help me create my own friendly line of credit from one of my LLCs and record the liens?
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7 November 2024 | 13 replies
Local and regional banks also have a ton of those loans on the books so let's see what will happen.
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5 November 2024 | 5 replies
That may not be possible, but what if you took a cash out loan to pay some of them off?
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28 October 2024 | 6 replies
Hello Everyone,I was talking to an investor in regards to financing and his suggestion was to get a 500k loan to put towards all current debt, but wasn't sure all the factors that may be implicated with going this route.My current portfolio has 2 properties (1 LTR, 1 MTR = 370k), and current debts: HELOC at 54k and a vehicle at 40k.
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29 October 2024 | 5 replies
When tapping into your home’s value, you have two main options: a home equity loan and a HELOC (home equity line of credit).
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4 November 2024 | 2 replies
Do yo typically get a construction loan then need to refinance out ?
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6 November 2024 | 10 replies
GinoHey Gino--follow-up question --just starting to look at multifamily ...are the problems I see referred to (pretty much everywhere) that the property valuations have fallen for multi or that a large number of loans are maturing?
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5 November 2024 | 10 replies
Being surrounded by like minded individuals, whom are at all levels of their RE journey, is amazing and you can learn so much from all of them.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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4 November 2024 | 34 replies
They don't even have to get pre approval for the loan.