Hi all ,Can anyone recommend a lending institution that will give 80 percent ltv rather than 75 for investment properties. We are buying in New Jersey. Thank you
I am getting ready to close on my first fourplex here in Albuquerque and am preparing my corporate veil to protect me. I need to open a commercial bank account and want to start building a relationship if I need to ge...
Does anyone know of any community banks in the Orlando area?
I own a lot of properties and take all the rents by bank deposit.So each month I have over 15 different deposits in my account and some of the properties are the same rent amount. I've previously asked tenants to send...
Last week I met with a local financial adviser. I informed him that I'm a real estate investor, so he suggested Infinite Banking as possible financing option. The infinite banking sounds similar to using $401k or IR...
I recently found a REO owned by Provident Bank in Cincinnati. They bought it back at the court house steps in 2004 here in N.C. There have been no taxes paid on it in three years . I was just wondering if anyone on BP...
I've been listening to the podcasts and reading the books. The term "local banks" keeps coming up...so I have a stupid question. If I'm purchasing property in another state is the "local bank" local to me or to the p...
Hi people,
Found a property listed in the legal section of our newspaper, around the corner from my house, at the time of auction foreclosed on by First Bank.
I went to the courthouse steps and placed a bid, was the ...
Is anyone else seeing a growing trend of banks doing repairs on REO’s prior to listing them? Is this another way for them to combat “flipping”?
Caught wind of a deal today buying paper from Millennium Bank. The deal was AWESOME which shoulda been a red flag. When I contacted my Mentor, she laughed at me and told me to do my homework. Anyone wanna comment a...