I have been calling around to several large banks to look at financing options for several properties that we are renting out in the DC area. A partner and I own several condos/townhomes and under contract for several...
Hello,I am renting a detached garage to a tenant for $100 a month. Can someone share their garage rental leases? I am not sure what terms to include and what not to include. I appreciate your help in advance.Thank you...
Just curious...other than knocking on the door. what have you found are good ways to get in touch with the home owner. any success mailing?
Hello BP members,I am currently offered a commercial loan with the following terms;Interest Rate 5.25%Down Payment 25%Amortization 20 YearTerm 5 Year Balloon I'd prefer at l...
Part of my marketing has been direct mail for about 18 months primarily to probate, inherited, and absentee owners. For the probate and inherited properties direct mail, has anyone tested mailing letters with and wit...
Here is the scenario. My lender for a triplex that I acquired February 2013 contacted me and asked if I would be willing to refinance my current mortgage to the exact same terms and they will cover all the costs o...
A few years back I bought a foreclosed property with the intent of using a conventional mortgage. When our offer was accepted the listing realtor contacted us and said the previous owner had a 'VA Vendee' loan which w...
I'm looking to refinance 6 properties from ARMs to fixed rate mortgages or roll them all into 1 fixed rate loan. Anyone had success doing something similar?
Hey guys! I am looking for some advice on where to get the best rate for my 3rd property. The property has 3 units. I have 740 credit score and was quoted at 4.5% with 25% down. I am fine with the 25% down but the...
My friend, who is current owner, has about 260k balloon pmt in 4 month ahead. This is a seller financing. Property is a duplex in South Sacramento, fruitridge and power inn area, and mkt value between 310k-350k. Owner...