Ken M.
Pro Tip on Subject To - Subto
If you are considering buying using Subject To - Subto, it's important to know what your exit strategy is.Talk to a mortgage broker (not a bank) and ask if that is a property you will be able to get financing on in th...
Jordan Holt
Insight on DSCR vs standard commercial cash out refi
I am just finishing up a rehab and its about time to get my hard money lender paid back, and get the money I put into the deal back out to rinse and repeat. The property is in my LLC and I am trying to figure out if I...
Derek Mitchell
Deal Review in ABQ
Hey Guys. I've got a deal I would like some input in. I've got the opportunity to purchase a SFR subject to.
The current loan on the property in about 135k and it is valued at 150k. The payments ...
Wesley Wells
First Deal - 98 Unit Apartment Deal
I recently stumbled on a apartment investment property in Memphis, TN and since this will be first deal I want to make sure my numbers are spot on in my initial analysis. Here it go.Asking price - 3,950,000 (Assumable...
Jim Huber
PMI removal
I have a home that is right at 81 pecent LTV or Loan to value I live in Jacksonville Fl .I initially financed the home as an investment property and have asked the Mortgage company to drop the PMI insurance.They state...
Ryan Bird
Due on sale - no more an issue?
I wanted to buy a property through a newly-formed LLC so was planning to take the commercial mortgage route. My mortgage broker told me that a conventional loan is another option as due on sale is no more an issue as ...
Georgina Graham
SBA Loan or similar loan program
Hi there,
I own an LLC that was registered in 2021, and I have a strong business credit history. I'm interested in exploring the possibility of obtaining an SBA loan or a similar financial assistance program. Curren...
Lucien Gautreau
10% Down Loans - East Coast
Hey All! Just wanted to reach out to all of you that have experience in the Alabama & East Coast markets . I've recently been dealing with a lender on the west coast that offers Owner Occupied Loans for 3.5% down ...
John Bull
owner finance livable property
Help!!!Trying to use my veteran benefits.How Can I owner finance a property and refinance with my VA benefits loan . It's a 4 unit property in Maryland for 150 k.. i am approved for it thru the VA loan program. Prop...
Curt Smith
filing taxes on a note that I foreclosed on AND got the property back a low FMV.
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...