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?
Abe Osman
Commercial loan nightmare...last resort looking for help!
7 April 2017 | 5 replies
Do you have other assets you can borrow against?
Marty Gold
Is it worth shopping for rates?
11 April 2017 | 7 replies
This type of product cannot be negotiated as they are designed for primary residence borrowers and there a ton of fair lending issues that are tied to them and banks can get in a lot of trouble for giving one persona break and not the next.A commercial real estate loan on the other hand can be used for any type of real estate including 1-4 unit properties so long as they are primarily for investment of business purposes.
Sushil Sureka
2nd lien - can the first lien holder stipuate conditoins on 2nd
21 April 2017 | 1 reply
Subordinate Liens: Except as permitted by federal law, Borrower shall not allow any lien inferior to the security instrument to be perfected against the Property without Lender's prior written permission.
Rigo V.
Financing your investment
21 April 2017 | 2 replies
As a commercial lender I have a database built with borrower's tax, income, debt, and net worth history.