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Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
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Hello, just trying to get advice on how to go about this turnover.
I purchased an out-of-state property last Aug, and tenant just moved out this May. I have not been to the property yet, but have been told by the PM ...
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I have been doing research on turnkey providers in Kansas City area, after talking to few people, visiting KC, driving around Independence, Raytown etc. areas and looking at few properties (from Bridge, McInnis, USR...
I just listened to a TED talk that outlined the inevitability of artificial intelligence taking over the world. 80% of current jobs are service-based, and robots will very soon be able to replace all of them. We can't...
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Hello BP!My partner and I are looking at building 10-12 fourplexes in the next 12 months in Cheyenne, WY. This will be our first construction project and we can use as much advice as possible. To be honest I'm not e...
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I have an investment property that currently does not have any mortgage. I would like to open a line of credit on this property but the first 1/2 dozen places I have called, have done mortgages with these banks in th...
So long story short, he was my seller's agent, at that time, I was little hesitant to sell the commercial property because I didn't like some of terms that buyer wanted. Then my agent started threatening me that even...
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Hi guys,
I’m relatively new to the world of multifamily real estate investment and I’m struggling to find any deals that come even close to making sense. In order for need to find cash flow in a given property, I oft...
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Some of you have seen my posts on here and they are generally providing help to others. I'm not necessarily asking for help here, but any professional input and advice is certainly welcome. Last fall I began talks wit...
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I can't find the question where a gentleman asked about Wells Fargo redlining and this is an update on the story.
Wells attorney(s) ask for change of venue to switch to a white judge.
Did the poster take the questio...