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27 April 2024 | 2 replies
It was a Bank foreclosure in 2005, bought it with 2 mortgages out of the gate, a first and a second mortgage, because we were not creditworthy of a home.
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26 April 2024 | 10 replies
That part is normal for commercial mortgages; 5 year maturity is common, and 2019+5=2024 is why many are expecting offices to have a rough couple years.Net operating income (NOI) is net profit before the mortgage payment, and determines how big of a mortgage you can get.
29 April 2024 | 0 replies
We are very familiar with the local markets, have the lender & real estate connections etc.
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26 April 2024 | 18 replies
Which entity most efficiently represents AND protects a money lender?
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28 April 2024 | 17 replies
(most banks want 6 or 12 months but some DSCR lenders can do 90 days)
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28 April 2024 | 3 replies
and that return might be low depending on other investments available to you.you can definitely call lenders and start looking at properties and running numbers though.
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29 April 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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29 April 2024 | 1 reply
I would be using a hard money lender for this.
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29 April 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?