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Greetings BP Hive Mind! I hope you are enjoying your New Year's Day. One of my goals for this week is to get prequalified in order to make offers.However, I will be doing so through my LLC, and most of the loan inform...
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Hi All,I am looking to buy a retail commercial property and looking for options for loan. I am planning on putting down 30% and take loan on the rest. I have invested in residential RE so far and understand financing ...
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I am trying to purchase a house and there's two people on the loan. The second person on the loan cannot be found is there anything else I can do to purchase this house? The first person on the loan thinks that the ot...
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Hello allI recently had a conversation with a co-worker who had just formed a 3 man LLC and financed their first purchase. Their largest challenge thus far was obtaining financing - so much so they hired a broker to h...
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I am in the process of switching to a smaller community bank or credit union. Anyone have suggestions on small community banks that lend on real estate (not only residential loans but also commercial and investment lo...
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hi,my name is cody and i'm new to real estate, i have lived in my current home for 3 years with a usda first time home buyers loan. we are wanting to move but i don't think ill get what i owe on in after agents and ev...
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Hi BP,
Over the past year me and my business partner built 3 new homes in the ATL area. My business partner works in real estate full time and I bring most of the money to the table through my high W2 income.
Ther...
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Hi BP,I have a question regarding seller financing. So we have a property that the potential buyer wanted us to carryback 50%. We contacted our escrow company and they say they can process the loan application through...
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What kind of loan should I look for on a property that is zoned multiple use comercial. They are asking 59000 for it and has a old store that needs work to it and appartment up stairs and a mobile home on almost 3 acr...
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Hello All,I was wondering if there are any rules stopping me from turning a residential property (4 units) into a commercial property (6 units) after acquiring a conventional loan. The property is a fixer upper with 1...