Nicholas Maclure
Loan Spreadsheet which calculates Loan Balance
15 December 2022 | 2 replies
Hey All, So we privately financed a Real Estate Sale and the borrower is way behind on payments so we need to initiate a foreclosure.
Kimberly Anderson
Getting house under seller contract BEFORE negotiation?
29 May 2014 | 7 replies
Borrower is behind and willing to sell, they send in the contract and we'd find the buyer.
Kyle Z.
How does a current Heloc effect future borrowing options
26 July 2017 | 2 replies
Finally, these are my two questions:Do I borrow as much as the lender will offer for the HELOC or should I only borrow exactly what I think I will need?
Todd Ashley
Financing for a small Buffalo Multi-Family
1 March 2017 | 8 replies
He would be an occupying borrower and I would be a non-occupying co-borrower.
Sam Stout
Nonrecourse Loan Questions
23 March 2017 | 6 replies
Non-recourse means that the only recourse lender has is the underlying property, no other assets of the borrowers or the borrower personally.
Scott Schaecher
Structuring conventional financing with a 50/50 business partner?
22 April 2017 | 8 replies
If you jointly apply for a conventional loan that will go against your 10 loan max which will increase your borrowing costs by at least 1% point once you get above ten.
Christopher Dunson
HML Offered me a $1 MILLION DOLLAR CREDIT LINE.
27 April 2017 | 13 replies
At 20% down on each deal you can only borrow about $480k.
Tim Freeze
How to structure a partnership on a buy and hold deal
23 March 2017 | 4 replies
They're going to ask if any of the downpayment is borrowed, and will question any large deposits into your bank account.
Patrick Kane
First time meeting with a lender for REI
23 March 2017 | 2 replies
It shows me that a borrower is serious and has put thought into it.
Joshua Fulenwider
How are you coping with Basel III?
3 April 2017 | 0 replies
What strategies are you implementing in order to make new loans to these types of borrowers?