Mike Jones
Bank requesting financial info during loan repayment period
Hi all,I currently have a rental property loan with a local bank and I have been paying it for about 2 years without any problems. I just received a letter from the bank requesting last year's tax returns, personal f...
Sebasbian Bugs
CCIM
Hi I'm a Malaysian and thinking to persuade the CCIM international designation, but still got some questions pending in the head:
1)Is the CCIM designation internationally recognized?
2)I don't have a good financial ...
Brett Pirie
Business plan helpful for getting commercial loan?
Would writing a business plan with detailed financials help in getting a commercial loan? We are just staring out and much of the smart advice is to start out with a smaller property before moving on to multi-family....
Greg George
Commercial BRRRR Opportunity
Three partners were 6 weeks away from opening a microbrewery and had a lease-purchase agreement to purchase the property for $515K. The financial partner recently pulled out for personal reasons. The remaining two par...
James Wise
Purchasing a home right now could help potential buyers save more than $200,000
Realtor.com®: Now is the Time to BuyDaily Real Estate News | Thursday, May 28, 2015 Purchasing a home right now could help potential buyers save more than $200,000 over the next 30 years, according to th...
Austin Freeman
Short Sale Dealing with Chase Bank
Hello BP,
We are trying to work with Chase Bank on a short sale. The existing mortgage is around $80,000 and we offered $25,000. We sent a preliminary letter of disclosure for potential short sale and are waiting to h...
Linda Salavarria
Thinking of selling my townhouse...seeking advice
Hi all! I bought a 2BR 2BA townhouse in 2021. Great neighborhood and schools in South Jersey, close to Philly. Finished basement, decent condition. Great interest rate of less than 3%. However, the property was a rent...
Janell Mccoy
What would you do with 100k+?
My husband and I have inherited a home that we’ll be selling this spring after light renovations. We stand to walk away with 150-200k and want to get into real estate investing as our path to financial freedom.We both...
Dennis Kelly
Cash out refinancing help
I'm looking for some extra cash and I came across cash out refinancing . I currently own a co op in Long Beach NY and my mortgage is for $150k at 4.75% and it was recently appraised for $210k after some renovations . ...
John Robert Kinsella
Hand built cabin?????
I'm looking at purchasing a property that is in need of work. I'm able to purchase the property and believe the house itself will pay the bills and also have a couple hundred in cash flow.It comes with a hand built ca...