I am in a situation with a landlord and bank that is very unique, and I'm looking for some advice. This website has come up in numerous searches, and I'm hoping the community here may have some insight.
The broad st...
I am purchasing my first rental cash. I want to improve it, then get a mortgage. I've talked to some institutions and have heard a few things.
I can get 2 or 4 properties financed at 30 yr best rates, get resold.
Af...
If you have great credit 800+ will banks take less of a down payment? How much less?
I really don't want to march into a bank and ask if it's way out of line.
I spoke to a local community bank officer to get a loan under my name . He said they will lend only to LLC under commercial loan to fund even a SFR or a Condo ?? I thought they prefer to loan to individuals instead to...
Hello, I am trying to decide where to open my business bank account in Chicago, and I've heard that smaller community banks are the best bet when it comes to getting business lines of credit to fund deals/projects.Doe...
I've got an interesting short sale going with M&T Bank. I'm wondering if anybody has had any experience with them?
The loan was a construction loan and the amt is 460K. The borrower hasnt made a payment since M...
My mortgage company erred in its flood hazard investigation - issued me an "all clear" as not being in a flood hazard zone. Turns out the house is in a flood hazard - they had ordered a certificate for the wrong addre...
Hi allI currently have a US bank account, but the branch is being sold to another bank, who seem willing to take over my account. However, the existing bank will not let me transfer the account to another branch withi...
Hello all, I am curious how exactly banks will appraise a multi unit commercial property. Its a 6 unit building so I know they will value it based of vacancy rate and rental income correct? Is there an exact formul...
In everyone's recent experience. Are banks negotiating prices when there are no offers, or they want their price and that's that. in addition, the property needs some rehabbing and it's owned by the bank.