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16 June 2024 | 1 reply
All 3 of us need to be on the mortgage with a conventional loan?
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15 June 2024 | 5 replies
Considered waiting till I get 10 and maybe putting them all in a blanket loan and switching them to an LLC, or should I make an LLC and switch them now.
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13 June 2024 | 2 replies
Just wanted to share, I've noticed a loosening in down payment requirements for DSCR (debt service ratio loans) that either use the actual or proposed rental income to qualify.
12 June 2024 | 3 replies
Here's an overview of some common types:Traditional Commercial Mortgages: These are conventional loans offered by banks, credit unions, and other financial institutions to finance the purchase or refinance of commercial properties.
15 June 2024 | 4 replies
How long it takes to be financially ready is different for everyone.
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15 June 2024 | 9 replies
I have 2 rentals now but want to know what types of loans if any I can use to invest in more homes.
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15 June 2024 | 10 replies
Yes, we flipped it to get a chunk of money to invest in other properties, but the chunk somehow slowly disappeared taking care of 3 kids, eating out, etc.Maybe what I learned is to get your financial house in order first.
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16 June 2024 | 2 replies
I'm a multifamily analyst for a bank that originates all sorts of real estate loans, and I am looking to connect with people that have a passion for real estate and money.
15 June 2024 | 4 replies
the lack of a statement in over 3 months and not being paid rent for 6 weeks makes me thing that there are troubles (either personnel or financial) with the PM.
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13 June 2024 | 4 replies
Hi,I did a private lending, term was 1 year. there was a clause that borrowed can extend loan (if lender is ready) for 2 times, each time for 3 months. but borrower has to pay 1 point for each extension(3months). so extension can be done total 6 months.Now, after 1 year, borrower keep paying interest .3 years went like that.Now Borrower wants to pay off. in such case what should be Loan extension point added.Thanks