14 July 2018 | 5 replies
The goal is to find situations where both you and the broker can add value to your respective businesses.
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1 May 2019 | 20 replies
I’m in the exact same situation.
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16 July 2018 | 9 replies
I also am working with Sam Sharpe on the loan side, but I had to put 20% down (my credit score wasn't great, so maybe your situation might be different).
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6 July 2018 | 3 replies
Just being a financed buyer, even though my income, DTI, FICO and asset situation is strong, I feel like I'll have a hard time competing.
9 July 2018 | 49 replies
Account Closed now to be like Fox news fair and balancedone does have to be mindful that banks can change policies.. so you do need in my mind a healthy balance of private capital or your own and banks or other lenders as well.07 to 09 saw banking FREEEZE for us in the business I had almost 30 million in various credit lines out and they all got called Save one.. my core bank kept my 6 million working with out it I would have not made it.. the rest did not care and I had written into my loan terms that if they called these facilities I had 36 months to pay them off and I needed every bit of that time to do it.. but I can proudly say I did not default on a one and paid it all back and the agreed on interest.
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7 July 2018 | 7 replies
Hi all, I'd appreciate your opinion on what to do in this situation - Just purchased a duplex today ( 7/6/18 ) with long term tenant paying same rate of $1100 since 2011 for a 4 bedroom 1600+ sq ft, 4 BR 2 car unit in a great location, the top school district in the state, and large yard.
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23 July 2018 | 28 replies
Found this interesting:by Don Konipol, MBAFor investors considering investing in non-performing notes (NPNs), a.k.a. non-performing loans (NPLs), that are residential and owner-occupied, here is how a typical situation plays out.A bank, bank holding company or asset management and disposition company puts together a package of, say, 1,000 NPNs and asks for bids.
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9 July 2018 | 20 replies
Your current situation prevents that.I'm with @Chris Svendsen.
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7 July 2018 | 0 replies
I've read up on it and understand the basics but I wanted to run my situation by the forum and see if I could glean some wisdom as to whether I'm ready to head down the refi path with one of those triplexes.
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12 July 2018 | 5 replies
What are tenants rights in that type of situation in Utah?