What do I need for a bank to approve a loan?

There is a property of 8 acres costing around 3.5M (approx 10$ or less per sqft for the raw land). I am pitched by the developer that if we can get the approvals for 180k sft area warehouse on the plot (the land cost ...

I am interested in applying the brrrr strategy with residential multi-family properties and would like to use a HML. I understand that if I am doing this for the first time the HML is going to want me to put about 25%...

Seeking advice on commercial financing.

I am preparing to get commercial financing for a small multifamily purchase. It will be commercial above 4 units and 300-400k range.

I am a residential lender so am intimatel...

Hey everyone! I'm looking to get my first investment property - so far I sat down with a few credit unions and 1 corporate bank just to see what each one has to offer and just get pre-qualified; based on my 3 credit ...

I"ve put an offer in on a short sale and I'm wondering if they have a certain amount of time to accept, decline, or counter?

Hi guys,I am in process of renting my first property. My property is in New Jersey. I am in process of renting this property to international students. Main question:  in my  town (Piscataway,NJ)  we have to fill out ...

I've bought and sold a number of homes in my life , and even flipped a couple  but I've always used conventional financing.  Lately I've run across a couple properties  on the MLS that's say  hard money or cash only ,...

Hi I've been moderately successful as a rehabber and looking to make my first foray into development. I have a plot of land to build on. Still doing lots of research, but I'm wondering: What has been your experience i...

Hello BP family,Would having mortgage company provide you another pre-approval letter within 10 days hurt your credit? Some background:we were about to put in an offer for a duplex 5 days ago and had asked our mortgag...