Dav Pohote
Options for 8 unit multifamily gut remodel?
Was actually denied for a commercial because it's stripped to the studs and deemed uninhabitable. I've heard anything over 4 units is commercial but you can still get residential loans on 8 unit or less properties. Is...
Lynn Gadd
New Construction Home- financing best? 401K, stocks, equity loan, construction loan?
Just trying to get some ideas on construction loan. I am thinking about building a house in Austin area (lot not purchased yet either). I am trying to think of what would work best- one time construction loan, borro...
Matt Devincenzo
Performing 2nd borrower short sale docs?
So a borrower of a performing 2nd just submitted a 'Request for Mortgage Adjustment' to FCI and requested a short sale. All that was provided was a written summary of expenses, and the last 30 days of pay stubs. FCI h...
Account Closed
Please answer the following Georgia + National Salesperson Exam Q
2017 GEORGIA + NATIONAL REAL ESTATE SALESPERSON EXAM QUESTIONSQ1. what is the interest used in a mortgage loan? Simple or Compound Interest?Q2. Can a seller transfer ownership/title of a property using metes and bound...
Michael Alexander
Exploring Lending Options for Short-Term Rental Owners Based on Booking Revenue
Short-term rentals have become a lucrative venture for many property owners, offering a flexible income stream. However, accessing traditional loans can be challenging, especially if personal credit history isn’t favo...
Landen Reed
Looking for deals! Suggestions?
Hello BP community,
I’ve recently been introduced to real estate investing and have become highly attracted to both short term and long term rentals (the idea in general.) I’m looking for ways to be savvy, smart and ...
Aaron Barfield
Renovating Investment Property
Good day, I am new on this platform. Is there a recommended lender that can provide a bridge loan, not based on credit or income, so I can finish renovating my triplex? I will repay the loan when I refinance with my c...
Account Closed
?What is table funding?
From the reading I've done, it sounds like table funding occurs when the source of loan origination money is different than the that of the lender named in the note/deed of trust documents. Is that basically it, o...
Chris Seveney
Expected Documents / Communication in a Deal
As part of any good relationship, communication is key. I wanted to share with everyone the information I provide and also like to hear from others on what they share or what people want to see. This is important for ...
Yasser Rodriguez
Short-term Rental Financing
Good morning, everyone.I appreciate all of the wisdom this forum and series has provided in my life. I was hoping some more experienced people can guide me in the right direction I would like to target a 3/2 or so hom...