Lance Lvovsky
Good Questions to Ask Community Banks?
So I am considering in emailing community banks and asking around about what kind of loans they may offer and what is the "typical" criteria for qualifying for these loans.I am a recent college grad, currently have 1 ...
Martin Yip Toll So
Approved for a loan. Let's see if any lenders here can beat this rate!
Hey guys,
I'm an out of country investor (let alone out of state) from Canada. I've gotten approval from a US bank by using my Canadian credit history- RBC Georgia NA (a subsidiary from RBC Bank Canada).
The loa...
Chris DeChiara
How much equity?
Hi all,I have at least 200K equity in my SFH. I'm interested in buying and holding a condo/townhome in the "interest" of a nice cash flow and of course appreciation. I'm wondering if using ALL of my equity and buying ...
Schaiane Rodriguez
FHA loan?????
My husband and I talked to our banker about buying a duplex, we would be living there and renting the top floor. We were looking at properties that were around $60,000 the broker said we should get an FHA loan and loo...
Jinyu D.
conventional mortgage limits for married couple in NC
I'm doing a cash out refinance on a primary residential which we'll turn into a rental soon. As I heard the mortgage limits is 4 per person, I try to finance it under my name only so that we can get up to 8 loans. My ...
John P.
12-14 unit apt building
hey all,I am going to take a look at a 12 1 br apt building which comes with a 2 unit multi next door listed at $249,000. Parking in back (4 spaces). Its in an up and coming part of town which will see major growth 5-...
Nitanth Vangala
Commercial Real Estate Broker and Ongoing Fees
Hey everyone,I currently use a commercial real estate broker to help me find banks to finance my deals. Typically I give him 1% and he has found me one particular banker that has done my last 2 deals. This banker has ...
Ryan Dossey
Where do you bank?
We just set up our llc and tax id info. We are looking for a bank to use. We want a bank that is investor friendly to build a relationship with. Where do you guys like? 5/3rd looks decent so far.
Roger Doe
Making Bank Happy
What do banks look for? Are there any loan officers/underwriters here that can chime in?
Here is what I know. I believe that loan officers make about 1% on loan amount. So, they are always looking for solid invest...
Bill Pollnow
Properly vetting service professionals i.e. CPA's or bankers
Hello Bigger Pockets world I am hoping to get direction on a good way to properly vette a CPA, Banker or Insurance agent. It is a constant struggle to find professionals that are a resource and not simply transact...