Dominic Kuran
subject to loans, when a bank calls the note
Getting into a subject to loan, what are triggers that notify the bank that this has happened? If they find out, how long do you have to find money to pay for it. Do you refinance with the equity in the commercial pro...
Allan C.
Cash out refi conditions on portfolio loan
Has anyone else experienced banks placing conditions on fund draws approved for cash out refi on a portfolio loan?Specifically, we have a bank requesting that we show executed purchase contract before being allowed to...
Jack Reed
Duplex with commercial building attached
Ok so i am new to this and found a property that I am looking at purchasing. I am running into a problem due to the type of property that it is. it is a Duplex that has a commercial building attached to it. The owner ...
Zach Hawrot
Using a HELOC instead of refinancing on a BRRRR...
After meeting with my bank, I told them I wanted to refinance my duplex after I made the proper renovations. They advised since the duplex was cheap to start at 25k that it would make better sense to take out a HELOC ...
E Isig
Just a short "hi" & intro... from SE MI
Looking to learn how to profit from the housing collapse, ran across this site a month back & have found the topics very interesting and helpful.
Have one investm...
Candace Ellison
Which account does property managers hold Reserve funds?
Hi guys,I recently obtained my brokers licensed in Tennessee and I am launching a property management business in June. In Tennessee, brokers are required to maintain an operational account and trust account. The only...
Connor Myllymaki
Are cash out refinance loans a good option?
I’m looking to keep my options open for the next investment, and be ready to move fast when the next deal comes up. I have a duplex that has gone up in value and makes a good profit. So I have no interest in selling. ...
Tania Ghosei
Auction and outstanding unpaid balance
Hello! I am interested in joining a foreclosure auction taking place in my district court (this is my first time, yeay!) for a property that was sold in 2007. The announcement says that the sale is in execution of a d...
Mary Lopez
Trying to get a HELOC, but old lien has not been released
Hello,I need some advice. I'm in the process of getting a HELOC and the lender needs a Release of Lien from a mortgage that was refinanced back in 2016. I personally went to the LA County Recorder's office and could...
Sergio Sanchez
Seeking financing for this deal!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $250,000
Cash invested: $40,000
Hi
My Name is Sergio Sanchez, I am a real estate investor in New Jersey.
My Offe...