Hello,I am looking into commercial loans to get into multifamily buildings... I am sending out emails to local banks in areas I want to invest. These loans are a bit more tricky than conventional loans and one of the ...
hey everyone,
i closed escrow last month on a land sale. buyer paid me half of the sale price (we'll call this the down payment), through escrow and he has 18 months to pay me the balance
the down payment already co...
Hello,Can someone explain to me the process how a commercial loan on a multifamily home is finally paid off. I know thr commercial loans are short maybe 10 years and then at years you have to pay full amount of the lo...
Figured I'd start a new thread since this letter is long. Here's the scoop:Elderly lady, husband passed away, has three properties (duplexes, separate deeds, but two are left/right of a 4-plex, and another is a block...
I have been renting a house in Kaneohe, Hawaii for a year. I know the owners are an older couple who live on the mainland. We deal with the property manager only, but i met the owners once last year when they came...
I received a response to a yellow letter and the seller is agreeing to seller finance the property for 18k with 5k down 5% interest with a balloon in 3 years. The property needs 30k of work. Margins are slim on this...
Investment Info:
Single-family residence buy & hold investment in Portland.
Purchase price: $150,000
Cash invested: $25,000
Trashy run down rental. We purchased with $0 down, no payments for 6 mo...
Hello,
I'm working on my first investment property and am struggling with getting a mortgage to work with the title in an LLC. Is there a way to personally guarantee the bank's access to the title?
Also, can anybody...
We have agreed to owner finance our primary home for a short term balloon loan. 30 year amortized, and then a balloon at about 16 or 18 months, still working on the details. They do qualify for financing now, but fo...
🏠 (Part 2) Lessons I have learned from owning & managing residential & commercial properties over the last 5 years in the Omaha, Nebraska market:We often start with & focus on the interest rate when shoppi...