Hello BP,I'm a beginning investor and waiting on my pre-qualification to come through from a lender (should find out on Sunday), and I'm working hard to build a really solid team that I can trust. A little backgroun...
Today I just got back from looking at apartment and townhome rentals in DeKalb, IL. A friend of mine is attending Grad School there and was looking at 2 and 3 bedroom places. The reason I am writing this is to say tha...
This is an open-ended post. I hope to hear from both sides, those on this site who are for and against the model of wholesaling that most promote. I hope to hear some thought-processes I haven't heard yet. I hope you ...
Hi BPsI'm an accredited investor and somewhat new to REI. I already have an out of state rental investment under my belt, but am looking to get into the multifamily game.I'm based in SF Bay Area but probably looking f...
I understand insurance companies will loan on commercial properties. Does anyone have experience with this? What kind of terms do they offer? Where do you go to get such a loan?
I have a couple rentals in the St. Pete and Tampa areas and I’m seeking some recommendations on a local bank or credit union I could start building a relationship with. I have a deal right now I need to refinance and ...
Hi Friends,This question is in regards to direct "Portfolio" lenders only. Not resellers of loans.Top 3 Largest Bridge (Fix n Flip) single family portfolio lenders?Top 3 Largest DSCR single family portfolio lenders?Gr...
Fee* (not few)So I've never gotten a commercial loan before, I'm wondering if other people have experience with this. The mortgage broker is asking for a few payed from us the buyer for finding the mortgage. Ive dealt...
Hello, looking for insights on a proposal received from a commercial mortgage broker. The loan is for a multi-family apartment building. The proposal I received has the following facts:Total fee is between 2.1% and 2....
I hear others claiming that one key to getting good deals is making low offers in mass. How is everyone doing that? I don't have any problem looking and analyzing a lot of deals - in fact that is a pretty enjoyable ...