First let me start with, I'm a residential investor and have only done a few small commercial deals as an agent. I'm considering developing some condos. I've talked to a few commercial lenders and gotten a few differe...
James Donahoo II, of St. George, Utah, faces a proposed 48 month prison term for luring investors into his business of making hard money loans. Through his company called Paradigm Investing, Inc., Donahoo allegedly pr...
The heart of this question is the tolerance with different investor strategies regarding positive cash flow vs. appreciation potential.
This scenario is probably more common in California due to the difficult...
Yesterday there was a .5% fee added to anyone doing a refi. If you're business model is doing the BRRRR things just got a little more expensive. https://www.marketwatch.com/story/refinancing-your-mortgage-will-cost-mo...
I frequently see discussions on here surrounding single tenant retail tenants such as Walgreens, Dollar General, Family Dollar etc. As a CMBS lender, I often see single tenant retail projects come across my desk as th...
Looking for a local referal to do a cash out refi for a 40k SFR. I tried to reach Embassy bank but apparently they are either too busy to reach back out or is too low of a deal.
Has anyone tried or used the HomeStyle Renovation (HSR) mortgage (https://www.fanniemae.com/singlefamily/homestyle-renovation)? The loan says the amounts typically fund between 65% – 95% of a property’s purchase price...
Hi BP,i own a mobile home park in New Mexico. I fully renovated the first trailer using my own funds, and now the unit looks like a brand new home (ultra modern). I'd like to be able to keep the trailer as a rental,...
Hi everyone! I'm exploring investing in properties to place in the Section 8 program. These would most likely be $80K maybe less. A few quick questions please:1) Are there lenders who will refinance these down the lin...
Banks at one time used to create money from thin air on a small basis. For every dollar that you deposit, the banks were allowed to loan out 9X that amount. Now for the smaller banks they can take each dollar you depo...