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6 December 2024 | 21 replies
Quote from @Joe S.: Quote from @Erik Estrada: Quote from @Dave Harlan: Wondering if anyone has used Kiavi as a lender?
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10 December 2024 | 7 replies
Most lenders are going to want to see a few big things from the ownership group. 1) The borrower will be the enitity (LLC, S-Corp, etc) and any owner with usually 20% or more of ownership in the entity will be expected to guaranty the loan, 2) We'll want to see some experience doing similar projects from at least one of the main owners, 3) We'll want to see bank statements showing liquidity enough to cover the intial cash injection (down payment), the closing cost, and some cash in reserve.
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17 December 2024 | 42 replies
It appears to have been maxed out and would lead most people to think it was a first position lein due to the amount owed on it.I am in touch with some family members tracking down who is in charge of the estate to make an offer to buy from the estate if it might make sense to avoid the trustee sale/s for them.
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6 December 2024 | 4 replies
I want to start a nonprofit eventually to help the poor in the USA & other countries, and I'm considering using my own money or receiving government funds instead of relying on donations from people unless they're just rich ****s.
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4 December 2024 | 4 replies
Errol S.
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5 December 2024 | 7 replies
Does anyone have a recommendation for an investor-friendly bank(s) in Burlington?
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9 December 2024 | 8 replies
We just sold one of our 2/2’s with a higher gross than yours for $515k.
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10 December 2024 | 5 replies
The seller can't really sell something S/he doesn't own.
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6 December 2024 | 8 replies
Quote from @Rick S.: I'm thinking of investing in some notes with Capella Mortgage.
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3 December 2024 | 4 replies
I'm specifically interested in "main street" properties with a downstairs retail space, upstairs apartment(s).If you know of anyone with this sort of experience, I'd REALLY appreciate the connection.