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I know it's quite common that when the owner of a property gives you full permission to negotiate on their behalf, you might find yourself in contact with some person, who is in turn, representing the interests of a m...
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Hi guys, this is a general question: Are private lenders less strict than the banks in regards to their loan requirements?
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Why do commercial RE brokers want to see Transaction and banking references when submitting a letter of intent? What exactly are they looking for? Is it necessary? Is there any way around it?
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Say a house is boarded up and owned by the city or bank, is the any potential chance of homebuyers ownership or real estate investors ownership/flip? And if so what would be the next steps to take for this investment?
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I have seen it all now!
I wrote an offer last week on a 9337 SF Bank REO retail/office/industrial flex building for $1.2M, 20% down owner occ., buyer has 3 years of great financials.
background: I was the builder...
I'm in this dilemma and cannot decide what to do. I'll try to quick and precise.
2 years ago, I went Bankrupt with the intentions on reaffirming my home that was underwater.
I owed 120,000 and the home ...
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Does anyone know of any private lenders or banks willing to loan for rehabs in Louisville, KY?
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So I came across a 259 unit complex that is for sale and is bank owned. The listing price on the flyer is 2.1 million with another 1.5 in estimated cap ex improvements. The complex is 15% occupied due to the defe...
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Does anyone know of any private insurance providers that insure bank deposits over the the FDCI limits? I've looked into CDARS and DIF, but are there any companies out there that will actually sell a policy directly t...
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I'm sure there are a few posts for this floating around, but I wanted to bring it up again and open up some ideas.
How do YOU get the banks to accept your offer, either short sale or REO?
My first (and only, to da...