Annwar Matani
How do Hard Money Loans work?
Hi everyoneCan someone explain to me from start to finish how does a HML work? I always get scared when someone suggests HMLs... I literally think of loan sharks or getting your house or assets taken away from you whe...
Rayan Faris
loan money to father with current residence as collateral
Hi,My father lives in NJ. I would like to loan him money, paid monthly to help with his expenses. Unfortunately, he is not always financially responsible. I would like to loan it against his property which he owns fre...
Ken Rishel
Anti Money Laundering – a Technical Explanation
From another client report (this one from 2012) - sans footnotes and references.All Americans are experiencing the expansionist wave of government control over all of our activities, and businesses are being increasin...
Tayvion Payton
Creative Financing for portfolio of rental properties
Hi everyone,
I’m new here and recently connected with someone looking to retire and sell his portfolio of 19 properties (a mix of multi-family and single-family homes). I’m very interested, but I still need to analyz...
Rich Vogel
First time meetin with a Commercial Lender
Hi Everyone, So I am meeting with a commercial lender on Friday to talk about a portfolio loan on my 11 properties. I was going to create a packet for each property but didn't know what information a commercial lender...
Chris Thomas
Using Hard money upfront then converting to DSCR loan
I’m trying to understand how to go about purchasing properties that need rehabs with hard money then converting to a dscr loan after the rehab and new appraisal have been completed. If anyone could layout some basic s...
Brett Pirie
Business plan helpful for getting commercial loan?
Would writing a business plan with detailed financials help in getting a commercial loan? We are just staring out and much of the smart advice is to start out with a smaller property before moving on to multi-family....
Christopher Morales
Obtaining loans as a business owner question/strategy advice.
Happy New Years!
I am a business owner and have faced some problems with obtaining some RE loans due to too many write offs and "not enough verifiable income" i have almost all my debt paid off aside from my propert...
Jason Scott Vawter
VA Accounting and Loan Applications
My wife has been our business accountant up till now, but she's pregnant and we have a 1 year old. Life is rightly taking up more and more of her accounting time. A lot of accounting can wait to be done in big push sp...
Rick Snow
Who to contact for Commercial Multifamily Mortgages?
Do lenders actually lend on the income of the asset or it is weighted on the net worth of the borrower, or both?