John Digenan
cash out finance - property owned by LLC
I have an investment property (4plex) we've owned for about 15 years. We made our last mortgage payment last year. It has great cash flow and we decided to get some cash out by getting another mortgage. After shopping...
Ken Betza
Preforecloser Negotiating Advise
Need some Pre-foreclosure negotiating help. I have a client that the bank if foreclosing on in Oct. I've never negotiated such a deal so I'm seeking any advise. Still need to verify other details, but what I kno...
Heather Lavergne
Loan Appraisal with Removed Drywall
Hi All,My partner and I are renovating our home and had some exploratory demo done. Only removal of drywall to determine what space we had to work with beyond it. Now the bank we are working with is telling us that ...
Angelica Hughes
Dohardmoney.com- Good or bad option??
Hello, I am new to investing in real estate and have little money for down payment. I came across a hard money lender named do hard money (www.dohardmoney.com). I've done some research on them and the BBB has them rat...
Thomas Guertin
Any value in a short sale offer that has been accepted by the seller but not by the bank?
I have a property in Springfield, MA that I have an accepted offer from the seller on a short sale but not accepted from the bank yet. I have since made an offer on another property and had it accepted so I will be c...
Steve Londeau
What is your process?
Hey all. I had a situation come up, which I will explain below, that made me think to bring this to the community to get your thoughts on it. I wonder what everyone's process is like when you do a short sale. I'm talk...
Patrick Donohue
Long Island
Hello I was looking for a hard money loan in Long Island New York. The deal asking price $160000 6 bed 2 bath. Bank owned and boarded up so probably needs a lot of work. A home two blocks away sold for$340000 4 bed 2 ...
Gurjot Grewal
Do I have too many contingencies in my offer?
Iv made maybe around 40 offers in my long distance market and only 1 under contract which I had to back out of. The contingencies I include are these 4 things;-10 days inspection period -appraisal -Financing-seller...
Kristy Mitchell
Worth a reappraisal?
My husband and I have flipped a couple of houses that we kived in and done very well. We do all the work ourselves- from plumbing to siding to electrical. We wanted to get into the rental market and start renovating h...
Cassidy Burns
95-100% LTV HELOC Company on Primary Residence in Washington DC
Hi All,
I"m looking for a 95-100% LTV HELOC company on a primary residence. I already have a LOC with Tower Federal Credit Union, so I cannot use them. But I'm looking for a company that will do a HELOC on a new ...