R. Phil Lewis
Buying a Property with Multi Decade Tenants In Place
17 March 2024 | 4 replies
For example, if I knew the seller was okay with $600k, then I would want to offer them $800k with them contributing $200k to repairs and I would fund this with a commercial loan.
Jake Loughrey
Flip wont sell. Need refi with subpar credit.
16 March 2024 | 4 replies
I'm out of time on my hard money loan and I need to refinance, but credit is now damaged.
Patrick Murray
30' New Tiny Home on Wheels- looking for a new home to rent out.
16 March 2024 | 4 replies
We're just 6 months into payments, and want to keep the loan if we sell the tiny home to build out an attached ADU to code.
Ron-Zhanae' Williams
Letter of Authorization
16 March 2024 | 1 reply
If that is what you mean, yes, the borrower must sign a letter allowing the servicer to speak to you and provide you information about the loan.
Trent Zimmer
Sub To or Wrap Opportunity w/ an existing FHA mortgage?
16 March 2024 | 10 replies
The current loan balance is 199,XXX.
Account Closed
Seeking Advice! How Much Should I Offer for the Remaining 2 Units in the Building?
16 March 2024 | 14 replies
Does it fall under the same rules as large buildings where owner/occupant buyers won’t be able to get a loan because half or more of the units are rentals?
Daniel Ehevich
Off market big portfolio opportunity
16 March 2024 | 5 replies
I'm of course assuming you don't have $7.5M cash and need a loan..
Angela Arriaga
Tom Server
Where to see rates
16 March 2024 | 5 replies
I asked a few lenders for quotes and they all have me buying pointsShows as 2% of loan amount (Points) $3450 at closing
Chad Nassar
Have 2 SFH looking to Cash out refi (DSCR)
16 March 2024 | 19 replies
Probably not going to be able to find an 80% Cash-Out DSCR Loan in this environment.