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Am looking to take out a HELOC on my rental property (mortgage free) for about $70k for repairs. The property value is about $725k. I have been offered a HELOC through a local credit union based on the One Year Treasu...
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Am looking to take out a HELOC on my rental property (mortgage free) for about $70k for repairs. The property value is about $725k. I have been offered a HELOC through a local credit union based on the One Year Treasu...
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Have a 20 unit apartment complex I on a bridge loan which matures in December of this year. We will finish renovations prior to the maturity date but not by much. Relatively low basis in property so should have no iss...
I recently took a tour of a new construction multi-family building here it St. Louis, just to see what the competition is like. During the tour, the leasing agent noted that all leases end in December, and July.
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I am lender for owner finance buyer and her term is about to expire. Need to do an extension, modification, and who gets the document, me or the borrower?
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Interest article. $30B in CMBS maturities coming due:By Craig M. Douglas and Corina Vanek – Phoenix Business Journal8 hours ago
The last time the U.S. economy was in crisis, terms such as “jingle mail” and “extend ...
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Can somebody please advise what are generic financial terms for private lending(residential).Like loan rate, what happens when loan matured and borrower wants few more months extension.Thanks in advance.
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The note space is truly challenging because of the state by state laws and issues. This is one reason it’s important to really understand the stateIn Georgia it is strongly recommended a modification gets recorded as ...
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I am talking to a homeowner concerning a vacant property they own (owner walked away ~1 year ago). In researching county records I noticed that the note holder (BoA) appointed a substitute trustee and demanded the tot...
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I’m interested to hear from the successful investors on this forum and your paths to success. I guess my biggest question would be; what was your maturation process (i.e. did you start out as a part-time/full-time inv...