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Hi! Does anyone know of a lender that does second mortgages or helocs on rental homes in in LLCs? I’ve talked to some lenders that state there’s usually a 4 property limit on these types of loans.
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Are there any lenders out there that will let sellers carry a second Mortgage
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Good morning,I am looking at property on Hubzu.com have any of you purchased property from Hubzu?
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Hello,I am in the due diligence phase of buying a performing 2nd lien note. The homeowner has been in the property for 15+ years and is current on the 1st and 2nd mortgage, which is good. I did a BPO (as this is my ...
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I don't know if this is a common thing, or may be it's just a pure coincidence that I came across a few times just in the last two months.
When I schedule with a listing agent to see a home, and most times it...
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How often do you rekey your properties? Or under what circumstances?
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I'm looking at a deal that is 3 bed/2 bath but that includes a main house w/ 2&1 and a carriage house with 1&1, the property also has a 2 car detached garage. I understand using the BP calculators to help with...
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Landlord using income criteria, which one would you suggest from list below or there other alternatives? 1. Combined income of 3x2. Each applicant has 2-3x income 3. At least one of the applicant has 3x income4. Any o...
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Type of Business: Three High Volume Restaurants. The restaurants are a combination of Quick Service and sit-down.Size of Restaurant: Each restaurant building is approximately 3,500 SF. All three have large parking ...
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Hi BP community. I currently have one apartment building that has appreciated materially. I am negotiating financing on a second property in the same market. The new lender is recommending refinancing the first proper...