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7 September 2016 | 6 replies
Now, In my first offer I included an inspection contingency and also it is all cash offer, the bank countered for Highest and Best, due to multiple offers.
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6 September 2016 | 1 reply
Talk to some local banks about portfolio lending.
6 October 2016 | 33 replies
That is how appraisers do it, that is how banks do it, that is how you should do it; not by listening to out of state bozos that know nothing about the market and try to value residential real estate via price to rent ratio or CAP rates that have absolutely nothing to do with the value.
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24 August 2017 | 42 replies
Judgments are renewable and you can do things like levy their bank accounts to get the money back (plus interest and legal fees too, I think) if you do it right.
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18 March 2018 | 8 replies
Local banks have financed deals for us before but will only do 20-25 year am, and the debt is not non-recourse.
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3 April 2018 | 12 replies
Probably should drop some names here, what do you consider a "lender" Do you bank with credit unions or regional banks?
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23 August 2017 | 26 replies
If you had that kind of money and credit, wouldn't you take out a mortgage for $53M at 4% if a bank would lend it?
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31 August 2017 | 2 replies
Remember, they don't have to go to the bank and qualify so they are willing to pay more for that privilege and ease.
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1 September 2017 | 39 replies
If real estate fails, and I don't think it will because I'm off to a great start, I can always fall back on my education.
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22 August 2017 | 0 replies
I am a college student, debt free, with 10k in the bank.