Hi Everyone, So I am meeting with a commercial lender on Friday to talk about a portfolio loan on my 11 properties. I was going to create a packet for each property but didn't know what information a commercial lender...
I know this has been posted before but I need some fresh info if its possible., Appraisal came in at 188k on a 230k deal. Buyers agent and their lender submitted to FHA for case # without consulting us prior to inform...
Just saw a story on 60 minutes about several very large banks manufacturing ownership documents. All related to mortgage forclosures in the past several years. It appears they can not come up with the real title of ow...
I know that usually when you buy a foreclosure for rehab, you are getting a good deal. My question is that if I buy a place and rehab it for 50% of the ARV and get a refinance, should my NOI still give me a positive c...
Below is the first draft of the business plan I created for REI.The final product will be created using liveplan.com to create a polished and professional looking plan.The only thing that I'm still working on and is m...
We are residents of Florida and preparing to move into a new home mid June. We currently live in a townhome which is in my wife name solely. (She purchased it before we got married). I guess we should have asked th...
Question to anyone that knows about HOA rules and regulation. I had purchased a property in Seattle earlier this year, it is was my 2nd home. Bought it with the sole purpose of renting it out on Airbnb. When I was goi...