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18 September 2014 | 0 replies
What good is all the money you stole if in 10 years the nation goes bankrupt from the rampant fraud?
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2 May 2015 | 9 replies
Crazy thing is your neighborhood is one market, which is different from the market in the neighborhood 50 miles away, which is different from the state economy, and the national economy.
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14 February 2016 | 16 replies
The properties we bought, rehabbed, and refi'ed were all 2-4 unit buildings.We are in Connecticut, not Tennessee but the feedback we received from banks on the regional and national level was that other than the local banks that hold their own paper (portfolio lender who makes portfolio loans) there was going to be a 6-12 month seasoning period for the refi.
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5 August 2015 | 3 replies
I would be interested to learn from Knoxville, TN members of BP Nation who your favorite property managers are.
17 March 2016 | 38 replies
A short list; HUD, state banking authorities, real estate commissions, FDIC, Comptroller of Currency, the CFPB, FBI, Treasury Department (Fed and State tax examiners) State Insurance Commissions, FHA, VA, USDA, Fannie and Freddie; private types, ALTA, ABA, Insurance carriers, internal auditors of parent banks, title examiners, when banks are public and selling chunks of stock, other institutions may conduct audits for acquisitions and loan purchases along with servicing entities.......
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23 January 2017 | 1 reply
We have been getting marketing from these folks and were just wondering if anyone has done any business with them. Thanks in advance.
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20 November 2015 | 19 replies
In retail for great areas and national tenants that isn't happening.
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18 November 2015 | 33 replies
As to a no payment being required, interest only or no payment allowing interest to accrue is described as predatory lending and may only be allowed as a high risk mortgage by institutional lenders, check with your attorney as to predatory lending by individuals.
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31 March 2018 | 24 replies
When you get into the world of commercial loans, most banks nowadays are requiring you to open a checking account when they finance a property for you, so you'd end up opening a checking account at each financial institution that provides you with a commercial loan (i.e.
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30 November 2015 | 9 replies
I also found a source that stated that Creative investing is much more stable than Traditional because Traditional investors now more than ever have much more competition because of Hedge Funds and other institutions that heavily invest in real estate while the Creative approach is driven only by motivated sellers.