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Results (2486)
Daniel Kong Best online bank for business checking
1 June 2023 | 5 replies

Hello! So I recently formed an LLC, and am planning to do some banking with my business. I live in Hawaii but my LLC is out of state. Its pretty sad, but here in Hawaii we dont have any national banks with local branc...

Melissa Owen Appraisals being delayed
8 April 2020 | 2 replies

We are trying to close a property in Indiana and the lender we were looking to use can't close within our 9 day close period because he can't get an appraisal in the time frame. Is anyone else having this issue? What ...

Candace Price Advice on refinancing, starting a reit or another structure?
27 April 2020 | 3 replies

Hi, need advice from fellow members.We have multiple commercial properties in the excess of $35mm range. They are spread out with multiple banks and rates are between 5% to 8%As were continuing to grow, we’re thinking...

Dave Pricken Refinancing Multiple Rentals with only Income/Expense Figures
22 October 2020 | 2 replies

Hi, I hope this is the right forum.We have a total of 14 properties / 36 units with great cash flow in Upstate NY that we've owned for almost a year now. We'd like to refi with only the information about the propertie...

Michael Brown Generic property management agreement template
1 April 2023 | 2 replies

Does anyone have a generic property management agreement template they would be willing to share? To we refinancing a property, and the lender wants to see a formalized PM agreement in place as part of their underwrit...

Blake Marks MF Underwriting Rules of Thumb
17 November 2015 | 1 reply

Hey all - I've recently relocated from Los Angeles to a smaller city in the Northwest US.  I'm working on buying apartment buildings in the 15-20 unit range and trying to figure out some rules of thumb to gut-check th...

William D. Taking out a HELOC based off the ARV.
14 February 2024 | 1 reply

I know there are companies that give HELOCs based off the future appraised value of the home. Does anyone know the names of these companies? Besides Renofi.Thanks

Sean Wang Residential Loan of $50k or under
26 December 2018 | 22 replies

Does anyone have experience borrowing residential loan of $50k or under? I heard most banks won’t lend for such low amount. My banker from Chase said he ‘believe’ the lowest amount they can lend is $10k. He doesn’t so...

Reese P. Is 40% down normal for SFR and under 5-unit MFPs?
29 February 2020 | 6 replies

I have a bank account with an investment bank (think of any of the major national investment banks).  They told me today that to lend on a single family or under 5 unit rental property, they expect a 40% down and that...

Wendell De Guzman I Got Invited to Speak About Private Lending - What Do You BP Nation Want to Know?
13 June 2015 | 3 replies

I got invited by a local real estate investor's association here in Chicago SW suburbs to speak about PRIVATE LENDING. Together with me on the stage are 2 lenders - a hard money lender and a conventional mortgage lend...