Reggie Rearden
Commercial financing / LOC
I having a hard time with the lender I chose to use for a commercial refi and a portfolio loan. We started the application on Feb 14 and still do not have a closing date. How long does something like this usually take...
Tremayne Guest
New BP User in Woodland, CA Investing in out of state SFRs
Hello All,I am new to the BP community, married with one 8-year old child, and would like to retire one day before 60. I have purchased many single family rentals out of state; the out of state investments have been w...
Max T.
Asset based Credit Line
I'm looking for a financing product - not sure if it is really out there, but I would appreciate some contacts if you have any!My wife owns a rental that used to be her primary. There is some good equity sitting there...
Sophie Sawyer
$100k income in W2, but $0 on tax return adjusted income
Can I take out mortgage loan given:
I have a stable $100k W2 income from my employer, but opened an LLC this year and am projecting a loss of $200k in the first year. This loss is expected and not a problem. However,...
Aram V.
Self Employed - Less than 2 yrs
Hello! I'm in the middle of my 2nd year of Self-Employment and it's been a challenge to get a Cash-Out Refi without 2 yrs of Tax Returns. I claimed losses on my first year 2017, unaware of how unattractive I'd be fo...
Anthony Torri
Need some lender advice
What loan products are out there for a commercial mixed use 2-unit property where 1 unit is in need of a total rehab? One unit is an occupied apartment bringing in market rent and the other is an old bar that was clos...
Nick J.
The Best CRM program/software
I looked through and couldn't figure out what this topic best fit in so I threw it up in Off-Topic. Mods, feel free to change it if you think it fits better somewhere else.
Hopefully this topic doesn't get too far o...
Marlow Martinez
where is the lending world headed too??
with all the programs being cut to a bare minimum, where is that taking the real estate investor?? it seems like we are headed no where fast!! will lending ever be what it was??? maybe during the next war..
Charles Whitaker
Leveraged Line Of Credit
I have been looking into a business Line of Credit and have a few questions:- I notice that some people can obtain a huge Line of Credit based on a very small piece of collateral (let's say a $500k LOC on a $100k coll...
Keith Thompson
Contractor Recos in Easton / Cambridge Maryland areas
Hello BP Folks in the Beautiful Eastern Shore Area of Maryland !I picked up a property (SFR) near Easton, in Cambridge MD that needs a good bit of love... Since I'm in Northern VA, I have nearly no contacts near the p...