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What everyone should know about Condo Hotel Investments
What is a Condo Hotel, and are they good investments?
I guess that depends on whom you talk to.
I have been involved with Condo Hotel for many years; In business relationships with companies that manage them, and al...
Joe Smith
cash out restrictions on refinance
Since I as of yet do not have any commercial property, this is nothing more than morbid curiosity...
...I've heard that cashout on refi's in the commercial world cannot exceed 20% of loan amount regardless of LTV. I...
Yusuke Koike
Seller Financing & DSCR loan
HiDoes anyone give me a professional advice on seller financing?As you know, recent interest rate has been increasing. This increase killed my deal so many times. Do lenders generally NOT allow a borrower to bring a d...
Jeffery Lockwood
LTV Financing
Greetings,
This is my first post to BP. I have been following for months and have learned a ton. I have a question on LTV loans when buying real estate for long term hold. I have pre-approval from my banker on funding...
Christopher Verissimo
which loan is the best for a first time home buyer?
Hey every one. I'm starting to look at properties mostly multi familys in the Boston area and I was wondering if FHA loans are the best for first time home buyers that don't have a ton of money save up? If any one cou...
Anthony Iemmello
How to put Reno on HUD at time of closing (brrrr method)
Anyone familiar with how to put the renovations on a HUD before the work has actually been done? Closing on our first NJ project this week and the attorney said we cannot show future expenses on the HUD. We are lookin...
DJ Porter
Typical rates for private and hard money.
I've been searching for a while now and I've been finding widely varying rates from lenders. I want to get some flips funded but the rates, costs and fees are all over the place.
What is typical? So I know which one...
Jak Dadi
2 fourplexes or one 8 Plex?
What is better???? buying two fourplexes or one eightplex???
Arshiya Taami
what are some well known firms that offer bridge loans?
I am planning on purchasing a profitable business with its real estate included in florida and the dscr is 1.85. the problem is im just short of 600k for the down payment. that being said, can anyone provide me any re...
Sarah G.
Looking for a new hard money lender
Hey BP members,I currently buy and sell my own flips as I’m a licensed realtor in Washington. I work with a HML who charges 12% interest. I’m looking for other HML out there with better rates. Please let me know. Than...