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6 August 2018 | 2 replies
You’ll need a new insurance policy with the llc as insured, this is what normally alerts the bank to the transfer.
2 September 2018 | 6 replies
Would there be a better chance the banks will help me.
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8 August 2018 | 5 replies
Make a little now with a "line of credit" for next one at lower than bank rate.
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2 August 2018 | 6 replies
If you want to buy investments, contact a local/regional bank or credit union they will likely have the best offerings for you in the long run.
2 August 2018 | 1 reply
You should have enough equity 40-50% LTV that some bank will give you a loan at that point.
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8 August 2018 | 8 replies
You can always go to your bank and have them send a denial letter for the loan, saying that they will not lend you the money due to the property not appraising for the value originally applied for. they then have no case against you and also have to return your earnest money.
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19 November 2018 | 11 replies
Yes and sometimes you can talk to the banks representative that is at the auction and work a deal
2 August 2018 | 1 reply
Neither is inherently better, foreclosure may take more time because the bank is involved, but if they are both good deals both are fine.
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3 August 2018 | 2 replies
Wanted to check with the community which banks are fairly friendly to investors looking for a HELOC on their primary.
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3 August 2018 | 23 replies
At first, it was hard to get the banks to take them seriously but now they 3 banks fighting over them to get the loan.