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7 May 2020 | 1 reply
Unfortunately, Freddie doesn't like cross collateralized portfolio loans under $50M in aggregate - they're more inclined to do six individual one-off deals, which puts upward pressure on my client's closing costs and origination fees.
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11 May 2020 | 28 replies
I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.
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14 May 2020 | 28 replies
Some people want to wait things out and I think it's always best for each individual to make the decisions they feel most comfortable with.
9 May 2020 | 4 replies
Should I put the LLC on the title or the individual names of each partner?
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8 May 2020 | 2 replies
if you use commercial loan there are no limits other than what the individual bank will do. the loan limit is a Fannie Mae rule, it's 10 total and most banks have a 4 limit overlay. none of this applies to commercial loans, but as I said above, all banks are different so you need to find the one that wants to fund the strategy you're trying to put together.
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8 May 2020 | 3 replies
@Sarah Stamper I as well Sarah, looking forward to forming a strong team with like minded individuals in my area
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10 May 2020 | 17 replies
Putting them each in individual LLCs is a banking/accounting/paperwork nightmare.
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8 May 2020 | 0 replies
The value I add to the deal is my expertise and experience in structuring the loan based on client's individual qualifications such as credit score, income, assets, experience and character.
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8 May 2020 | 4 replies
One very neat feature of BP is the ability to go to an individual providers profile and look at their references.
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11 June 2020 | 11 replies
Thanks in advance.The best way to proceed would be cash out refi on each individual property.