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The building I'm living in is converting all rental units to condos in the next few months in Detroit midtown. I'm interested in purchasing my unit but read in the DetroitFreePress that getting a condo mortgage is dif...
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Hi all,
I want to get a small bank statement loan of just 80,000 but I am wondering what are all the things I need before applying for such a loan?
Thanks in advance,
Rizzy
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If I executed a Promissory note for $350k and concurrently a Deed of Trust that secures 3 properties up to $350k and if this is the total obligation owed to a lender, can the lender still hold a previously exe...
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I'm sure this question has been posed before but with 1,126 discussions in the forum i think this might be the fastest way to get the most accurate information; seeing as how lenders are constantly changing their crit...
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I'm in the Buffalo, NY area and interested in a tri- or quad-plex which I will purchase as a owner-occupied home. I'm looking to identify a lender that will finance for less than 20% down payment. My current home (thr...
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I am located in Dallas, Texas. As a new investor, I am attempting to locate a bank, local or nationwide, that will provide funding for a mortgage $50k or less. Can someone assist me or point me in the right direction...
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Hi Everyone!Could you please tell me how I would value a business for a personal financial statement that I would be submitting to a bank for a commercial property loan? I own a photography studio. I lease the space ...
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Hello BP Community,When purchasing am residential MF property out of state - Should I use a local lender in California or should I use an out of state lender in the area I am planing to buy in e.g North Carolina? Does...
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Hey BP community! I'm just getting started in my investing journey and I'm really liking the house-hacking concept. I currently live in the Clarksville, TN area and I'm actively looking for properties but I'd love som...
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I have my first two homes rehabbed and marketed for rent. My first has two separate families interested. Trying to decide; probably a no-brainer but I am asking for advice.
1) Family one - Mother with two kids, mov...