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18 October 2018 | 13 replies
Some owners want a higher interest rate than the banks will charge, some match the banks, and others will take a low interest rate.How long will you amortize the loan?
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26 October 2018 | 17 replies
I have looked into lot links as well as the Montgomery county land bank foreclosure acquisition program.
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19 October 2018 | 8 replies
Absolutely, but few banks will loan on a park with no infill plan so that moves your capital from the development side to the MH acquisitions side.
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25 October 2018 | 9 replies
I made an offer on a house and because I am doing 50% financing, the owner offered to lend the other half himself and be paid over the next 30 years, at an interest rate lower than what the bank is offering (albeit, not much lower).
5 June 2019 | 14 replies
However, I'm currently in a back-and-forth escalating disagreement with my bank that claims I need to reach an LTV of 65% to remove MI versus what I believe the home possible guidelines show on their website, which is 80% for 1-4 unit properties.As you further dive into this process please make sure to have your bank document the conditions for cancelling MI.
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19 October 2018 | 4 replies
I have be pre approved with a bank at 25% down.
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25 October 2018 | 12 replies
We spent almost all of our free cash on the down payment, we went with a conventional loan putting 20% down with a community bank in the area (which also happens to be my employer).
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18 October 2018 | 5 replies
I have spoken to several banks in the local Chicago area about loans for LLCs.
18 October 2018 | 7 replies
Make sure they are capabile of cleaning up and getting a bank mortgage.
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25 October 2018 | 7 replies
I love multifamily and affordable housing and really believe that we can provide, nice and affordable housing for people.I’m going to host a meetup at my place here next week when I’m down there.