Arnaud D.
Feedback on an international deal
10 September 2018 | 0 replies
Appraisal: One at 320k and the other one 466k There are potentially 3 people involved in the deal:1- The person who found the deal2- My friend who will buy, sell and take a mortgage on the house3- Me who will put the down payment of 15% ($60,000) and the first six mortgage paymentsHere is the deal: The 2 apartments are coming from a foreclosure, being sold by the bank.
Account Closed
Who's your favorite traditional lender in Cleveland?
4 August 2019 | 8 replies
It's a semi-large bank and working with a local credit union seems more appealing (plus the added benefit of proving him completely wrong).
James G chandler
What can I assume about 300+ rental property Investor?
12 September 2018 | 2 replies
So also over this time they probably have some great relationships with banks or other investors, and if built up a great track record of no defaults on loans.Or if they had defaults they would have been in the first five or ten deals before they got going.
Grace Keyes
New to the real estate market in Ohio
21 October 2018 | 18 replies
If you haven't already, I would recommend finding a real estate agent that you trust, and also start talking to lenders (banks, mortgage brokers, credit unions, etc.)
George Bailey
Lending to a Non-US resident
16 September 2018 | 10 replies
2) What can I do in the meantime to increase my chances of the bank saying "yes" when the time comes (if different to a US resident)?
John Story
Proof of funds for apartment purchases?
12 September 2018 | 6 replies
The agent demand you show them your bank statement.
Jack Salamone
15k for down payment; 36k a year salary; 400 in monthly debts
10 September 2018 | 0 replies
Thinking of getting a mortgage of around 100k with very little down (I took a class that will allow the bank to give me a loan with only 3% down payment) then investing most of my 15k into reno.
Tamara Glass
1031 Entity Question
11 September 2018 | 3 replies
The bank won't let us move it into an LLC without a full refinance.
Donte Marcy
Is Subject to illigal in Washington state
24 October 2018 | 5 replies
If you can master this area, you may have little (legal) competition.The above is provided for discussion only, and, to the extent it could be construed as advice or counsel, should not be relied upon without first engaging competent legal counsel for your particular jurisdiction and legal issues.
John Haveman
Bank account for LLC with foreign member
12 September 2018 | 2 replies
Hi everyoneI need a reference for a business bank account for my LLC.As a non-U.S. citizen (South African/Netherlands), I am the sole member of a GA LLC, which owns a property in Atlanta.I am looking to open a bank account for the LLC (for rentals and expenses), and I was wondering whether anyone could give me a recommendation in this regard?