Hi, I have an upcoming unit that will be available. My current tenant is saying her son wants to rent one of my units to be closer with their kids. The current tenant says their son's credit score is really low becaus...
I recently purchased a performing senior lien. While the audit was being performed by my servicing company they found that the loan was not escrowed for taxes and insurance at origination. They went on to inform me th...
Can anyone recommend a lender that will do a cash out Refi based off the full appraised amount and not what I just paid for it. Looking specifically in Jacksonville and Cleveland. I understand most banks wont do thi...
Hi again BP Community! I thought I would post my weekly thoughts on all things Real Estate. A brief, hopefully insightful, dive into real estate and/or financial markets.
Today we’re talkin: Homebuilder profits and c...
Good evening, BP.
I'm writing my Tenant Rejection Letter and found some reasons online as to why a tenant is denied their application. So far, I have:
Application incompleteApplication contains false informationDeli...
I have 10 acres for sale in Texas (listed on FSBO at $140k) . . . wondering if I could get more interest if I were to offer Seller-Financing. I DO have a mortgage on the land, so I'm unsure about any due-on-sale claus...
I (lender) recently switched firms to one that has a pretty nifty toolset that I did not previously have available to me.One of them is a system to track paperwork submitted and loan progress. I can set milestones and...
Some banks have separate departments for business and consumer lending. Consumer lending seems to be more accessible for investors who are newer to the game and don't have large portfolios. Additionally, banks may hav...
Hello all! I was wondering if anyone had any recommendations on a commercial lender in Rhode Island, more specifically for a property I'm looking to finance in Providence. Thank you in advance!
An associate says he added a partner into his LLC because she had a nearly perfect credit score, and became guaranteer on business loans and commercial real estate, effectively making it super easy for him to achie...