Eric Berkner
Commercial loan question
If you take out a 10 year commercial loan, amortized over 30 years, with a balloon payment at 10 years, what happens 10 years from now when the interest rates are definitely going to be higher than they are now? I'm a...
Cassandra Alessio
House requires only cash offers
Hi Everyone!I put an offer on a property. It was rejected due to it being a conventional loan and the seller is looking for cash only offers (septic system needs to be replaced). I tried to find a hard money lender ho...
Don Griffith
Portfolio lenders
Can anyone recommend a portolio lender in San Antonio Texas? The conventional lenders I talk to don't want to lend on Sub 70K houses. I would love to grab some of the smaller deals that pop up but I really don't want...
Sekyu Kim
Financing a second property as a owner-occupant, Phoenix AZ
Hi all,
I am looking for some input and guidance.
About 2.5 years ago, I purchased a home (3bd 2bth) near downtown Phoenix and have been house hacking a guesthouse as a short term rental with good success. Recently...
Andy Mirza
Loan Acceleration via Transfer of Title due to FC of Jr Lien
Assuming the note of the senior lienholder is a typical institutional note with a due on sale clause:Can the senior lienholder accelerate a loan when a 3rd party obtains title by means of a trustee sale of a junior li...
Rodney Marcantel
Advise on getting cash frmo HML on a rental we own free and clear
Talking with a Hard Money Lender (HML) about options with getting funds out of my rental property with a rough valuation of $250K after updates and adding a 3rd bathroom (4/3) and hardwoods, LED lighting, Granite Isla...
Moshay Laren
Short Sale Negotiation with Bank
I am the listing agent for a short sale property. This is my first one. The client has two mortgages with one bank (HSBC) totaling approx 110K and a third with another totaling 18K. I've been negotiating with the bank...
Lucinda Harper
Lucinda from Oregon
Hello! I am only 18 years old and looking to buy an inexpensive three bedroom house in Bend, Oregon. I already have two tenants that could cover the mortgage and I have money saved up for a down payment. The problem i...
Julian Riezgo
Llc and portfolio loan
I want to get a investment property using a credit union but I also want to have my New york LLC buy the property. I have the downpayment saved up, but I just graduated college and lost my job because of caronavirus.I...
Nicolas Pretelt
Double Closings
Hi Guys,
Quick question: is it possible to do a double closing on a short sale ?
having my buyer provide the funds to for both transactions
I received a call from a seller 2 days ago so I want to...