Has anyone had any experience using McMann Commercial Lending. Currently looking at potentially using them for a $2m loan/beloc on an 8 unit building. Any insight would be helpful. Thanks.
Loan Depot is by far the most incompetent lender I have ever dealt with. I started a refinance on Sept 9, 2019 with an appraisal that had been completed on July 2, 2019. The staff said we could use the appraisal bec...
I've been moving along in the process of getting a home equity loan on my second home, but I just ran into a snag. The company I'm working with won't count rental income until it has been collected for two years. My d...
I am going to loan a devolper x amount of dollars to build a spec home. I talked to the title company and they said I will be the 1st trust deed on the property and when the property is sold I will get my money back....
I'm selling one of my properties in Cincinnati, Ohio. This guy is putting down a 30% down payment and will finance the rest through me. I was planning on doing 2-3 years at 12-15% interest. Is that the normal owner-fi...
I need help understanding this idea that your lender will help you collect on insurance claims if you have a high outstanding loan balance.In this scenario, if you have a high loan balance on a property, and your prop...
I'm tring to get financing however everyone is shutting me down. I've called wells fargo, hsbc, citi, ect and I keep getting the same answer. They will not finance a 2 family property to a LLC. They want me to person...
So I just opened 2 brand new separate LLC's recently.
Company A, and Company B
I applied at WF for a business line of credit for Company A, and was approved for $25K(based on personal credit score/income)
I went to...
My partner and I are preparing to make a cash offer on a home funded by our own cash partnered with a private loan from family. We've drafted our promissory note, have the funds ready to move, but I'm not finding any ...
Question.
I have a deal in which I plan on subject to in which I can plan on doing as a owner fiance. I have a tittle company who knows how to do these transactions however I was advised to find a loan servicing comp...