Patrick Jacknow
How can we split the fee?
I am a RE broker in the Chicagoland area. I am getting ready to wrap up negotiations on a 100k sf office space for 8.5mm. 500k of that is a fee to be split 50/50 between myself and the banker who brought me the deal. ...
Jerry Poon
Portfolio Loan vs. Mortgage on Investment Properties
I have the impression that portfolio lenders give loans based on the performance of the properties. While I was speaking with my personal bank, they said they could offer better rates in the form of a traditional mort...
Ryan Deasy
Subject to with Wells Fargo
Hello, I have a possible subject to deal. Just wondering if anyone has had any experiences in doing this with a bank like Wells Fargo. Yes, I am asking about the dreaded "due on sale" clause. Please share your thought...
Jeff Tumbarello
My, but the answers just keep rolling in today:
http://www.bloomberg.com:80/apps/news?pid=20601039&sid=aColIYAe.RaU&refer=home
April 24 (Bloomberg) -- Give money away. That was a solution to the housing crisi...
Crystal Salton
How to secure a Line Of Credit
Which bank is best for a business line of credit? I hv good credit and a substantial amount of savings.
How does one obtain a business line of credit ?
Brenda Sherman
How to get funding for a Rural property? Ideas and tips please
Hi BP Family! I just got a Triplex in Arizona under contract with a monthly cashflow of $1,500 and rents haven't been raised in 3 years! I I got it under contract for only $122k, all the tenants are long term and wan...
Jonathan Buckelew
Best way to find foreclosures
All,What’s the best way, in your opinion, to find preforeclosure/foreclosure properties? It is signing up for the BP foreclosure website, is it being in constant contact with bankruptcy lawyers? I, like many, use Zill...
Barbara Wise
Long Term Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $211,000
Cash invested: $50,000
Purchased this house for $211k eight years ago. It was my primary home and is now ...
JJ Mayer
A Double Offer Strategy?
Here's the scenario - I've got my eye on 2 small properties (duplex + quad) in Northern IL . Both represented by same company (Coldwell Banker), but different agents. Prices are at $150k & $200K. Question - Can...
Julian Zamora
How do I become a mortgage broker?
I just got my real estate license and now I want to become a mortgage broker. I want to be able to find borrowers the best lender in exchange for a 2% commission from the bank.My question is how do I do this exactly?W...