Jennifer Rysdam
How do you find banks that will keep lending to you?
I feel like I'm banging my head against a wall. Every bank I talk to tells me that they can't count my income from my apartment building until I've had it for 2 years, and that they can't count the $110,000 of home eq...
Jenny Zhang
Lenders who will do 30 years loan for apartment building
Hi everyone, I am trying to get a list of lenders (local banks, credit unions) who do 30 years loan on apartment building (more than 4 units). Can you help? Really appreciated,Jenny
D Kirk
Creative Finance Pros - Seller Carryback w no money down deal
Hi,I've been researching seller carry back financing for multifamily, and have talked to a few commercial lenders willing for the seller to carry the down payment for a apartments. My question is once I have a deal si...
Loli Nad
Seller financing to current tenants
I'm wondering if there is a resource for seller financing apart from reaching out to my local agent or bank. I've had the same tenants who have been paying market rent for nearly 3 years. My plan was to sell the prope...
Peter Tverdov
Handling Multiple Security Deposits
Curious how some of you with lots of doors handle multiple security deposits? I have been using Capital One Bank 360 (which allows you to have up to 30+ accounts) and creating a separate account for each apartment's d...
Ramin M.
After I sell my home where should I store my money until I invest?
Hey y’all so my wife and I are starting our investing journey in the next few months. We are selling our home in sd august and relocating to boston. I currently I have a joint savings account with discover that’s 3.6...
Jimmy Klein
My friend defaulted on full recourse loan and have a question
Ok so here is the summary. A class C apartment was bought by my friend not too long ago. I invested 20% as a silent partner and there are two other partners. The loan balance when the complex was bought was $2 million...
Christian Beebe
Need advice/help on gaining either credit line versus credit card
Question for those of you who know,We currently use several credit cards (to of course gain points) for our apartment properties, which we spend over $150k a year or more on. Sometimes we aren't able to pay the balan...
Ken Nyczaj
First apartments under contract
Hello all,
Wanted to write a little bit about having my first apartment under contract. It was only one apartment and then recently another deal came through the funnel and now two apartments are under contract. Both...
Daniel Miller
Postcard Campaign
I am a Commercial Real Estate Agent and 2014 will be my first full year on the job. I need a little advice...
This postcard campaign is NOT to solicit leads for myself but rather to build a Real Estate Networ...