Hi all,I have a commercial tenant in my mixed-use property who's selling his business. What sorts of ratios should I require for income vs expenses on the potential assignee's financials? And in general, what other it...
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 ...
I'm looking to help some friends out with their first time purchase and have some questions. This will be their primary residence and I'll be lending them $24k. Loan will be in second position and will be recorded a...
Hello! We are brand new to REI and looking into lending options (private money/hard money, etc.) to begin purchasing, rehabbing & selling SFR's in this area (ABQ/RR). A local lender emailed us in response to our i...
Hi everyone,This elderly couple i know, now divorced, own a piece of land in Marion County FL. The man has been living in another country since the divorce back in 2010. The parcel resurfaced when a land buyer reached...
What are some things one should be requesting and looking for on seller financing opportunities where the property already has tenets?
I'm the founder/president of a consulting firm and I've built my company from zero dollars to a multimillion dollar firm, in solid financial standing. Given the business acumen I've developed over the years, but havin...
Hello, I have been in the market for a cashout refi on an investment property I own. Because I am recently a self employed by choice, I am finding it challenging to get this cashout refi loan in the conventional loan...
Looking for some advice here guys and gals!Ive come across a property thats clearly been sitting vacant for a long time. When I got to the door I read the paperwork and saw the usual fines/notices the county puts on m...
Hi, I have a proposed deal with a builder that wants to use my private money loan to purchase 5 adjacent townhome lots in Sanger TX in order to secure a construction loan which will have the first lien. He says that w...