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There were some issues that caused some delay and we finally had an appraisal which was done on Monday and ETA for the report is Friday and the sellers are refusing to give me another extension since I already extende...
In July of 2015 we bought a 26 unit self storage for $39,000. On land contract. We Put $5000 down. We currently owe around $26,000. The balloon payment comes due in July (2 yr loan). Now my question is How do I get a ...
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Hey all—I’m a residential investor making the move to commercial after having a good experience with a mixed use property. I’m looking at a 3 unit industrial building with 2 tenants up for renewal within 2 years. As s...
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I think that every Investor should have more than one Lender that he/she can go to finance deals. My question - Is it wise or does it have the potential of getting an Investor in over his/her head? Having this option...
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Due to unforeseen circumstances discovered by the lender, I as the buyer had to ask the sellers to extend our closing date to the following week from 11/15 to 11/22. Seller agreed to extend if I terminated my unilater...
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I hold the note. Borrower cant refi cause of credit. What are options to renew, foreclose or deed in lieu of foreclosure, etc?
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Hi all,
I put a property under contract last night but it is suppose to go on sheriff sale This Thursday 06/27. How can I get the bank to hold/extend the sheriff sale, in order to do all the title work and closing?
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Today I had to walk away from a flip deal I am selling after 55 days under contract. I was in deep and it was a tough call to make. I wanted to put up the story on BP to other investors and see what they think.The sto...
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Are There Extended Transactional Loans That Allow A Refinance Cashout?
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From this and other threads, it seems that HML often (always??) charges points in addition to the interest rate being charged. And I know in one other situation that when the borrower needed to extend the loan, they ...