Olivier Colson
What are the best commercial loan rates ?
Hello fellow investors,
I have >500k commercial loans with a local commercial bank, on 7 different properties (single family houses) upstate NY, from 7.25% to 8.75% on 10 years fixed rates. I feel the rates are ve...
Martin Zawarski
Two Offers on Same Property
an estate home came on the market this week. I am a buy and hold guy and it was underpriced by about 20,000 at 129,000, and is a 3/1.5. I saw it immediately and couldn't believe it was in move in shape. I could...
Andrew Paxson
Condotel financing in Wisconsin?
Hello,I've been looking at two condos in the Wisconsin Dells area and im running into the issue where they are in "condotel" complexes. Having a tough time finding lenders that would finance this purchase and if possi...
Nick Dillaha
$5,200 to save 0.25%?
Hello BP! I’ll try to make this short. My wife’s parents invested in her name over 14 years ago and destroyed her credit with 2 foreclosures and a bankruptcy. It’s now off her credit but our local credit union whom he...
Reynaldo Perez III
Understanding BRRRR Investing
Hello, I'm a new investor and I want to try to understand the brrrr strategy better. I understand getting financing to purchase, rehab, rent, but refinance. Now this is where it gets a little blurry for me because I d...
Erin Stewart
Help with creative seller finance terms
I sent out a mailer to all of the condemned and vacant properties in my city. I got a call back from an older mom and pop landlord who was considering selling one of their two unit properties. I met the sellers and to...
Gil Happy
Questions About Financing All Cash Offer On Single Family Home
Hello,
I have a question for any mortgage lenders / bankers out there related to financing. I was having a discussion with someone and I was telling them how I recently submitted 40k over list price an on a single f...
Richard Patrie
Single family, 3 bed, 1 1/2 bath - Malone, NY
Investment Info:
Single-family residence buy & hold investment in Malone.
Purchase price: $36,000
Cash invested: $12,396
3 bdr single family.
Price: $36,000
Repairs: $6,856
Terms: Cash
Rent: $77...
Jim S
Commercial loan rates
What loan rates are you seeing on commercial property loans through banks?
Just got a quote of 5.5% for a 25 year ammortization. 5 year call. It's for warehouses.
Cole Britting
Private/Hard Money Refinance Question
I've heard a few things about a six month time period before you can refinance. I am not sure if this is just for refinancing a conventional 30 year loan into another one, or if it applies to refinancing a private/har...