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Results (7602)
Mindy Jensen What Happens If My Private Borrower Doesn't Pay Off The Loan?
17 April 2018 | 7 replies

I made a loan to someone last year. They have always paid on time, but asked for an extension. I extended 3 months, but am not comfortable extending further.What are my options if they simply cannot pay the loan back ...

Chris Brall Completely remodeled 3/2 looking for financing
4 March 2023 | 8 replies

Hi community,Need help I own a property that I completely remodeled into a 3 bedroom 2 bath that’s 90 % complete. I took out a remodel loan from ground floor. I have extended my loan with them but because of coronavir...

Samson Tefera Hard money and concern
30 May 2020 | 15 replies

I took out a 1 year hml on my second flip, thought the project would take 3 months to complete, instead it took 6 months and I will be listing the property for sale shortly.I am concerned as to what would happen if I ...

Serge S. $30B in CMBS coming due this year
28 March 2020 | 4 replies

Interest article. $30B in CMBS maturities coming due:By Craig M. Douglas and Corina Vanek – Phoenix Business Journal8 hours ago
The last time the U.S. economy was in crisis, terms such as “jingle mail” and “extend ...

Kedian Jimenez How to fund a deal with a mortgage already
12 February 2018 | 1 reply

Hey there bigger pockets!Hope all is well! Just want to come on here and air out some of the challenges my team is facing and wondering what everyone else did when they ran into something like this. We currently have ...

Chris Ufomaduh Need Help on a flip house deal gone bad!
23 February 2023 | 19 replies

I bought a flip property in Houston, located in the 77063 zip code. Rehabbed it from the underground plumbing to the roof, everything is new. Had set backs from the City on get permits so I lost 6 months and the marke...

Account Closed Rate Lock Extension Question
20 January 2019 | 7 replies

Hey BP, long time lurker and first time poster. I've always been able to find the answer I need without reaching out, until now!I'm under contract on a triplex "house hack" using the VA Rehab Loan . I am not going to ...

Kevin Reinell Lender not allowing construction loan extension
26 October 2021 | 3 replies

I’ve been working on converting a single family to a multi using a construction loan. Lender has extended the loan twice already penalty free of any fees. Now we’re right at the finish line with about two months of wo...

Carl C. Bought self storage on Land contract 2yrs ago now what ?
31 January 2017 | 6 replies

In July of 2015 we bought a 26 unit self storage for $39,000. On land contract. We Put $5000 down. We currently owe around $26,000. The balloon payment comes due in July (2 yr loan). Now my question is How do I get a ...

Kirk R. Investor Financing - how long can bank/credit union finance an investment property? & Owner Occupant requirement.
10 June 2013 | 2 replies

Have a bit of screwy situation.

I bought my current house using a business loan through my credit union.

I live in the house as my primary residence. Credit union isn't the most excited about it being my primary ...