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30 December 2024 | 1 reply
The home was a bank foreclosure from a reverse mortgage.
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3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.
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15 January 2025 | 18 replies
You could see if there are any local banks that would do a HELOC(tough to find).
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3 January 2025 | 7 replies
It's in a rural town so I'm also worried that demand might not be as high as in more densely populated areas.I'm planning to call local banks this week to understand financing options and contact some contractors who might be interested in building additional units.
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27 December 2024 | 22 replies
It would seem the only contact they are able to make is between their bank and my credit card.Any insight or advice would be greatly appreciated
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30 December 2024 | 24 replies
This is a major processing platform used across the US which accepts legitimate payments from any banking institution. 6.
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26 December 2024 | 21 replies
His bank was in a state like Indiana, while one of his companies is in Wyoming, and just all sorts of weird sketchy stuff that accumulated over the period working with him.
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29 December 2024 | 5 replies
Brighton Bank is where my MLO license is at.
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2 January 2025 | 16 replies
Also, why pay 3 times the price of a house to the bank?
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25 January 2025 | 24 replies
I know I need to get a credit card and keep my utilization ratio low, but I wouldn't know much about the process of actually receiving a conventional loan from a bank or any type of loan.