As a Florida Mortgage Broker, I can say that hands down, and other Mortgage Brokers these days will agree, the worst borrowers are:1. Prior Mortgage Brokers 2. Current and prior RealtorsWhy Prior Mortgage Brokers? B...
I've seen very many posts here on BP from foreign nationals on how different (and often frustrating) the US banking system is, compared to their own. Non US citizens have meager institutional options when seeking to f...
Are there still licensed portfolio lenders in FL that are experts in the residential multifamily zoned property space? What I mean by that is someone who can do:-low down (<5%)-low interest, 30 yr fixed-no MI (ide...
Hi BPers. I need some help! I am putting together my first deal for an apartment complex. I have lined up interested investors, but many of them are not "accredited." Am I only able to accept investment from accredite...
Hey everyone,
i made a deal on a great 2 family home in the bradford area of haverhill, one 2 bedroom unit and the other unit is also 2 bedrooms but has a second level which has 4 bedrooms of its own, currently i ...
Hi BP,I believe I have found a good deal doing my analysis on a multifamily. I plan on living in one side and renting out the other, or as we call it "house hacking." The only issue is that both units are currently be...
If I were to get a property at a tax deed auction and then discovered that the property already had an existing tenant in an existing lease, what happens? Does the existing lease remain in effect until the end of its...
I am interested in purchasing senior living communities/assisted living/ retirement facilities, but I do not know where to begin. Does anyone have any suggestions on where to start, or anyone to talk to or what are g...
I would like to know if there are lenders that would help with starting a mobile home park in the Florida (North of Tampa) area and the in's and outs of it.
Good afternoon -- IF I am raising funds amongst friends and family with a pre existing relationship, is a JV agreement more applicable than a syndication with both accredited and non accredited investors? Stated diffe...