Hi All! I'm looking around to see if anyone has suggestions or recommendations for commercial lenders in and around Columbus, Ohio. I'm looking to buy a (small) apartment complex (9 units) and trying to find my best f...
Hi,A couple of investors and I purchased a commercial office building in Rio Rancho NM that was in bankruptcy. We have the building about 2/3 rented and owe 1.5M on it. We had an appraisal for it that came in at abou...
Hello, My questions arises over a decision I have to leave my stable W2 job and go back to being a consultant as a 1099 contractor. I will make about 20-30k more as a contractor with the ability to use my newly acqui...
A 4 flat near me is selling for $240,000. This is unfortunately just outside my capabilities of a down payment as my lending is requiring a 25% DP. At $200,000 I think i can make it work and I think the seller would b...
Have you ever being told by lender that you have high debt ratio so you not qualify for another mortgage? The feeling being rejected is not fun & that is how I feel right now.I have one single home in DE currently...
I suffered a kick to the stomach today. I work in the healthcare field, I make good income, receive a W-2 but I only work in 3 month throughout the year for multiple employers. My plan was to purchase my very first pr...
I have two offers on my property coming in, and was wondering if people have experiences (good or bad) with the banks that would provide the mortgage to these buyers.Both are pre-approved. Buyer #1 will get their mor...
I have been applying for mortgages and lending recently and have encountered a hiccup. My job traveling doing specialty commercial construction is contract-based - meaning sometimes I work for a few hard months and th...
I am trying to complete my first BRRRR and currently working on doing a cash out refi step of that process. I have spoke to over 30 banks (small banks, large banks, credit unions) but having hard time securing loan wi...
Hey community,I'm trying to wrap my head around structuring a hypothetical zero down deal CA. Does this scenario make sense or am I missing something here?1. I control the property using zero-down seller financing - o...