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Is the minimum down payment of 20% for 1st time traditional financing on investment property?
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Dear BP Community,I have an interesting issue here: I am very much interested in purchasing a bank's REO foreclosure house but my broker respectfully declined to represent me because the seller wants to use his AOS in...
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Hello all,My current strategy has been cash only on my deals but I have began exploring the possibility of leveraging. I recently sat down with a commercial loan officer from a relatively small bank. He seemed eager t...
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As I move toward acquiring my third property, I realize that I really need to start separating my finances. I plan on opening a separate account for my two rental properties. Do any of you have advice about what banks...
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Hi BP I'm in the San Antonio area and looking for recommendations on business banking accounts. I would like to stay clear of the big banks and hopefully find a bank more leaned toward taking care of real estate comp...
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Just thought I'd share a frustrating situation I'm dealing with right now with a big box bank that starts with the letter B. I was supposed to close on my 5th property today which is a 3-unit property.
I learned yes...
I built a duplex in 2012 it's got an 8% cap rate which is a fairly good return. My parents started a LLC and built a four plex across the street in 2014 with a 8% cap rate. I am looking to free up 30k from the equity ...
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Looking for Real estate investors friendly Banks in Milwaukee,WI thanks
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Hi Everyone,I am wondering what banks in the Tampa Bay area you are using in order to buy property. I realize that there are a lot of creative ways to get financed but would also like some leads on conventional loans...
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Does anyone know if Chase has a non performing note department? If so, whats the best way to reach them? Ive been passed on to several departments just to end up with no results all day today. Thanks