
9 March 2014 | 9 replies
RW, welcome.If you're the seller then you will be the note holder and the contract for servicing is between you and the servicer the borrower really has nothing to do with the contract.Your note should mention servicing, in several places as note covenants:And there are several matters that arise if a servicer is not know or fees change and assuming the borrower is paying all or part of servicing costs, but they don't need to.
12 March 2014 | 7 replies
That's why you restrict the loan to commercial, have a call feature, a due on sale clause and have the borrower acknowledge the use of funds

5 January 2023 | 2 replies
DSCR uses the property's rents and the borrower/guarantor's credit to qualify.

5 January 2023 | 9 replies
Hi Venkat,If you are on title already, it should a fairly simple for you as the borrower.

6 January 2023 | 6 replies
If you are 1099, then 2 years Schedule C like traditional self employed borrowers is required.

5 January 2023 | 4 replies
For example, I borrowed $200k from an HML, and this was all invested into the property, the interest was at 12% a year, can this interest be deducted?

4 January 2023 | 6 replies
@Jonathan HeacockAre you a potential private lender or a potential borrower?

5 January 2022 | 227 replies
I am only 21 and I only have about 8k personal cash and another 5-7k that i can borrow from a friend.

13 June 2019 | 18 replies
They effectively "borrow" the appliances from us.In lease breaking - we allow it IF they pay for the time of the turnover until the new tenant has moved in.

13 March 2015 | 7 replies
In this case I would only be borrowing 40% of value of the property because the rest would be funded by the seller.I do also have 35K in a rolled over IRA account from a previous employer.