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19 March 2024 | 11 replies
Did you get a commercial loan for the LLC or are you planning on purchasing via a residential mortgage and transferring?
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19 March 2024 | 10 replies
A lot of my loans are business purpose loans which need to be in an LLC so I built everything through LLC, but again everyone has different scenarios.
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20 March 2024 | 14 replies
Surprisingly, many of those markets have a few 5-10 unit deals that you can buy and use a 30-year DSCR loan to finance.
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19 March 2024 | 17 replies
If you have multiple loans the ones with the most months remaining will cost the least and save the most.
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19 March 2024 | 323 replies
If this is the case, how wise would it be to apply for a Hard loan to get the cash and then apply for a conventional loan/FHA loan after?
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19 March 2024 | 8 replies
You can look into a portfolio loan but getting one for 2nd position will be tougher.
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19 March 2024 | 12 replies
The new CEO recently mentioned that FTX customer funds were used to buy homes for employees and advisors, also had seen a report that FTX personally loaned Sam $3B.
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19 March 2024 | 5 replies
If they do not allow then the loan can be "Due on Sale" and violate your agreement.
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19 March 2024 | 12 replies
Luckily for us the issue was not huge, but we missed the inspection window before we found that out. 203(K)’s have higher rates than standard loans, so consider the timing of your refinance (especially in todays environment).
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19 March 2024 | 9 replies
Feel free to use me as a resource for any loan-related questions.