This question is for all the commercial lenders out there. I wanted to better understand what database, or underwriting software lenders use to determine if a potential property will require environmental testing. I r...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $147,000
Cash invested: $40,224
Nice 3 bedroom / bath house located in a large older neighborhood in North Spring T...
I got an applicant from army retired. Getting about $4000 and $2500 now as a consultant in a furniture company. He is alone and no pets. He has 1 year of rental history in an apartment leasing. I checked his 2 year b...
I'm brainstorming different ways to raise capital for my first RE deal and I have questions about private money.If a private investor, let's say a person at a local REI meetup, agrees to invest in my business how does...
I'm looking for lenders who'll do conventional financing on investment properties. Does anyone know which lenders will do that? I've submitted inquiries online to a few different lenders who supposedly do, but they ...
Have a mechanic friend who is looking to buy a shop. He has been in business for 20 years but has only been on paper for 3 years. He has a credit score of 640 and is up to date on all credit payments. My question is w...
I have this great clean little 1bd 1ba SFH I’m closing on a nice street in a so-so neighborhood in a very expensive county. It’s the most affordable house in the county at the moment to my knowledge and I’ve placed an...
I have an exceptional strip of land on Federal Highway with an older strip plaza on it.It has one of the biggest frontages on Federal, just south of Commercial, and I'm looking to redevelop it into fewer, key tenant u...
Does it make sense if you are a first time home bitter to just go online and get your pre approval letter? Once you have that shop around at various local lenders?Thanks for the advice!
Can I get two HELOC's at the same time on two properties, assuming good credit and income. I need to pay off the private money loan on the new property plus remodel expenses. Paid $90k with $20k down, secured a $75k 1...