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2 March 2013 | 5 replies
I think the checks and balance will come in with the institutions he would be dealing with.
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3 March 2013 | 7 replies
Sam: If you're serious about getting into multifamily you'll need to meet with a few commercial bankers anyway so I would set up meetings with a few local bankers not the national chains, as they will be better to work with a project of this size.
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6 March 2013 | 9 replies
Maybe it pulls from a few national databases, but by no means a replacement for your addl. proper background check.
6 March 2013 | 13 replies
My relationship is with the mortgage broker, not the institution per se, but its also dependent on my personal info (FICO, income, strength of job, etc..) which is why they would be able to do it.
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4 August 2015 | 8 replies
Although in truth, many lenders want the loans to have come from an institutional source, and not individuals, to consider it a no-cash-out (even if a mortgage was recorded).
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11 March 2013 | 4 replies
Does anyone have any suggestions as to what data/research (local and/or national) they have used in their presentations that has been most effective in terms of strengthening your position for the benefits of multifamily investing as opposed to residential and/or putting their money into CDs, bonds, stocks.I'm not looking for hard numbers - just what research has been most convincing.Thanks for your time.Kevin