William Morgan
Refinancing a lot split
A business partner of mine has a 1st mortgage secured by a property. This property has two SFR's on one lot. We are in the very late stages of executing a lot split through the city. I will purchase one of the SFR'...
Jason Malabute
Choosing the right real estate loan: Agency, Community Bank, or Bridge Loan?
When it comes to real estate financing, there are several options available, including agency loans, community bank loans, and bridge loans. Each type of loan serves a different purpose, and choosing the right one can...
Jonathan Napper
Would a HML lend to 100% of funds if it was 70% LTV?
If I was able to buy a property for more than 30% below Fair Market Value and Appraisal, would any HML provide 100% of the funds used to acquire it? Class A asset and HML would have the only lien on it. (If not, what ...
Travis Francis
Financing options
I am negotiating the purchase of a property that is slightly different than my normal transaction and I need help with ideas on options to finance the deal. I typically do a standard fix and flip with hard money and ...
Aundre Oldacre
Equity from existing property for development
I'm looking to do a knock down a property I own and buy next door to building a 24 unit apartment building in Brooklyn. Will commercial lender allow me to use the equity from the 2 buildings towards my down payment. I...
Dennis Johnson
Commercial Mortgage
Any commercial lenders what's the best way to buy a 70% occupied apartment building. I will be glad to give details just not sure if I can post in forum.
Stephen Needham
Hard money Lending
Hello bigger pockets members, I want learn more about hard money lending, specifically from the lending position. I would like to do a hard money deal, and would like to connect with someone who can educate me on how ...
Jake S.
Condo Conversion DSCR loan or something similar
Hi everyone! So I am working on a project where Im converting 2 condo units into one and then potentially selling or refinancing and renting it out via STR. Total process is a couple months.My problem is that due to m...
David Willis
Use net worth to underwrite 5 Percent gap funding on $13m SFR portfolio
I have the opportunity to purchase a 13m SFR portfolio, however, most of my available cash is deployed into a 1031 and BRRRR deal. So I know that I have cash to repay the gap within 12 months. I can still fund roughly...
Karl McGarvey
Commercial Hard Money Options
Hello!Our new, but quickly growing LLC just closed on its second property bringing us up to three doors in just 9 months. LUCKY for us, up to now both deals have been owner financing doing deals under market value, ho...