Eric Lewis
Anyone ever use CommercialLoanDirect.com for apartment loan?
Hi everyone, we are in the process of acquiring a 24-unit class C property and have entered into the financing stages. Curious if anyone has used CommercialLoanDirect.com, or any other alternative to local banking co...
Tommy Nguyen
Real Estate Liability Protection
Hello BiggerPockets community,
I am beginning my real estate journey! At the moment, my portfolio is under a sole proprietorship due to better financing terms and the sheer cost of forming a LLC. Are there other meth...
Tristan Sparks
Seller Financing Contracts
New investor here with my first deal under my belt!
Now it's time for number two. Had the opportunity to do a seller financing deal that fell through. Ultimately, I'm glad it did because I didn't know as much about s...
William Powell
Looking to purchase something beachfront and hold as a STR/MTR
Looking to purchase something beachfront and hold as a STR/MTR. I have 1 MTR I just rehabbed bringing the value to 160k which is my needed DP for the STR on the beach. Banker is telling me investors are being pushed o...
Earl Burl III
Using Seller-Financed Land as Collateral to cover 20% DP for Construction Loan...?
Hello BP Family,
I am looking to acquire land in Houston for first multifamily development project. I would like to know if I can preserve some/all of my liquid capital by avoiding an all cash deal for the lot/land.
...
Sam T.
Lender terms changed after going under contract
I obtained a signed pre-approval from a lender for a short-term rental (STR) investment at 80% LTV. This pre-approval was specifically tailored for the STR investment I had in mind. However, shortly after securing the...
Nick Radjabov
Need Help. I am an Agent myself and selling my own houses
Currently i work at Brokerage Firm where i pay one set of fee so it does not matter how much i charge commission. All of my houses is Under contract and what is the best % i should charge myself? for tax purposes whi...
Emily Smith
Declining Mortgage Rates
:welcome: Hi,
After the unexpected fall in mortgage rates, there has been no change in the average 30-year FRMs, which closed at 6.35%. Average 5/1 ARMs, on the other hand, fell by four basis points to close at 6.14%...
Natasha Verela
CHBO
Has anyone every used Corporate Housing By Owner (CHBO)?
If so, can you tell me how your experience was? do you know of any other corporate housing providers?
I am thinking of using them as an alternative to renting...
Giulio Pileggi
Collateral Backed Personal Loan to Consolidate Mortgage
Hi All,Does anyone have any experience in consolidating a mortgage with unfavorable terms (monthly finance charge, adjustable rate) privately. Traditional financing would be the standard route, however there are some...