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6 April 2024 | 8 replies
STR loans qualify similar to LTR, and with the usually higher monthly rents from STRs, the lender can leverage higher loan amounts.
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8 April 2024 | 5 replies
The only time I have seen short sales WITHOUT an arms length agreement would be reverse mortgages, or very random portfolio loans.
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9 April 2024 | 13 replies
I am currently pre-approved for 300k with the VA loan, willing to put a down payment if i see a deal a bit overbudget.
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6 April 2024 | 15 replies
When I send tenants a renewal form, I give them the option to renew for a year, extend on a month-to-month basis, or give their notice of termination.
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8 April 2024 | 15 replies
The only area that it seems the IRS could really rule on is whether the monetization loan violates the pledge rule.
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7 April 2024 | 3 replies
Hey Gang,So I've been a mortgage broker for several years in the CRE Lending space, and I have capital partners I work with who offer 100% CLTV funding for bridge loans or short term, I/O financing.
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4 April 2024 | 19 replies
The loan is 7.75% 30-yr fixed.
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5 April 2024 | 3 replies
My question is if i purchase the property as seller finance and there is a promissory note what are my options for loans on the new construction?
5 April 2024 | 1 reply
This extension, if granted, provides a breather, extending the filing deadline to October 17.
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6 April 2024 | 19 replies
Guess what since previous weak tenant was market rent you are losing your ***.I look at high cap stuff when it's few years left ( blend and extend ) or it can be weaker tenant at higher cap rate like 10 cap BUT I want them paying about half the going market rent for the building size or less in that market.