Allen L.
Modular home on permanent foundation
Hi all,
I have come across a few listings on the MLS where it says "modular home on permanent foundation". Just wondering if anyone has insights into these properties? My understanding is that modular homes, well tak...
Jonathan Ramsuchit
Obtaining a commercial loan.
Hey everyone,I'm looking to obtain commercial financing on a short sale/ multifamily for 400k . The property is 2 5 units. This is what one lender has told me. Tell me if this is standard.1.A brief First Keystone loan...
Account Closed
Anyone awake?! Need help making sense of documents!
Hi all!
If anyone is awake I have some documents that were sent over to me today from title on an investment property I am researching. I THOUGHT I understood, but when I read my title reps email it made no ...
Patrick M.
Business Account or "Business" Account with Bank
When opening a separate account at the bank for rental deposits, rent, and expenses are you opening an actual business checking or are you opening a personal/general checking and calling it your "business" account. K...
Christine Johanns
Detroit. Paint Color Restrictions?? Not an historic neighborhood.
I purchased my second property in Detroit. CUTE and in good shape 3 BR Cape Cod (aka bungalow to Detroit folk) I want to paint it a lovely colonial blue with white trim. Very simple. My agent/Property Mgr told me tha...
Alex Jones
Using Intra-family Loan instead of Cash out refi
I've got a property under contract. I have the cash to purchase it outright, but I'm looking ahead at ways to get most of my cash back out. The ARV is 100k. It's under contract for 52,500 + both sides of closing expen...
Gary B.
Financing 12 unit apartment
Hello Fellow investors, can you recommenced commercial lenders that will be will to lend in Sacramento area for 20-22% down on a value add property 12 unit multi-family apartments.Best, Gary
Laura Costello
Is 20% Down a Must??
Is 20% or more down always required for a conventional investment loan? Is that just to avoid paying the PMI?
Mike Jones
Scenario for Seller Financing for this deal.
Hello, I came across a 3 family for sale. building looks ok, but rent
is below market. Trying to see if owner would finance. Attached is the
Cap for review.
Please let me know if its worth it, or how to make it ...
David St. germain
Buying bank notes in default or pre-foreclosure
For those of you in this arena, what are lenders typically doing about back property taxes and interest owed by borrower? Are they looking for re-imbursement from a note buyer? If not, do these back due amounts atta...