Robert Siverd
Refinancing two properties to get another one-bad idea?
11 July 2018 | 7 replies
The plan with the commercial loan is to finance 80% of the first two properties based on appraised value(270k with 80% being 214k) which would pay the note on their original loans(182k) and leave 32k to use.
Cory Ballantyne
Advice for a Newbie with only $5,000
13 September 2018 | 21 replies
Originally posted by @Cory Ballantyne:Thanks everyone for your quick responses.
Robert M Erickson
Dodd-Frank Act and Seller Financing of Manufactured Homes
13 July 2018 | 6 replies
In doing more research, it looks like we may need a Mortgage Loan Originator (or become one)."
Mike Mefferd
Cash out refilender recommendations
29 August 2018 | 4 replies
Originally posted by @Brian Meyer:Hey Mike, shoot me a message and I can give you a contact that we’ve worked with to do 3 deals under our LLC.
Chasity Couch
Paid Mentors? Yay or Nay ???
3 September 2018 | 23 replies
Originally posted by @Adam Drummond:@Matt K.$1k per month is a lot of money to spend.
Christy Wright
Longer Term Commercial Loans
30 July 2018 | 14 replies
Originally posted by @Andrew Beauchemin:@Brian Garrett Focus is on the asset, but they'll still check on the borrower's PFS.Usually looking for net worth greater than the size of the loan, and liquidity to cover 9 months debt service.
Sylvia B.
Steve Dunford
What to do when sellers respond back to direct mailer
14 October 2018 | 21 replies
Originally posted by @Mike Nuss:@Jay Hinrichs that's a great idea.
Jason Malabute
Solomon Oh
Notice of Sale (Auction) vs Notice of Sale (Lis Pendens)
16 July 2018 | 11 replies
Originally posted by @Thomas Mattausch:Wait - I thought in Washington you can't buy from the owner when properties have entered foreclosure?