Michael Perry
Lenders and LLC's - Oil and water?
I've been reading through several forum threads and a common thing that I've been seeing seems to be that lenders won't lend to LLC's for SFR or MFR (Duplex or Triplex) but only for commercial. Is this correct? If tha...
Luis Dedios
Found a bank! Chicago!
Hello Bp! So after obsessing over realestate over the last year I took action!I just closed on my first property in august which is my main residence and have a goal of acquiring another property by summer 2016.I was ...
Account Closed
What are Land Banks and are they legal in Maryland
Hi everyone! My husband and I are SLOWLY getting into real estate investment. We in the saving money phase. I heard about something called “Land Banks” and was wondering if someone would please explain this method of ...
Jamie Dzierwa
Simultaneous Closing/Double Close
So after reading different forum articles, some say that simultaneous closings and double closings with reos are the exact same thing. I was under the impression from what other wholesalers have told me is with double...
Drew Poniewaz
Subject to and Seller Financing in St. Louis
I want to take over someones property and then seller finance it to a tenant buyer in St. Louis Missouri. What will/should I expect to happen? -will the bank call the loan due? or just threaten. Will I be able to expl...
Account Closed
Loan officer not communicating
I have a FHA loan pending with bank of America. I did inspections and appraisal. During the process, my loan officer resigned for family leave. The bank transferred my case to another officer. I spoke with the new off...
Ryan Keenan
5 percent down loans
curious if there are any banks who do 5 or 3 percent down loans with interest rates lower then 5 percent for loans 60 to 100k?Thanks!Ryan
Jian Yang
Can you still do no money down deals? bank financing 75% and seller financing 25%
I am new to commercial real estate, and looking for ways to do deals with no money down. But everyone I talk to is telling me those days are over. Banks dont do no money down deals. So let me explain what I have here....
Christopher Aguilera
What do you think about this WSJ article?
I came across this article on the Wall Street Journal and it peaked my interest.https://www.wsj.com/articles/the-mortgage-market-never-got-fixed-after-2008-now-its-breaking-again-11588977078?mod=e2fbIm currently going...
Joe Black
Land Trusts
Hello,
I'm a new real estate investor and I’m trying to educate myself on Land Trust. I ordered a few books that explained Land Trusts & Land Trust Agreements but I can find any information on the Warranty Dee...