Tom Anderson
Seller financing 15% buyer 10%, still can't get a commercial loan
Looking for some advice and or creative ideas on a commercial property I'm in contract on. Seller has offered to hold 10 to 15% of the property at a great rate for 8 years. I'm being denied a mortgage because I'm only...
Rivi Matalon
Short Sale Approved
I have a short sale approved for $335,000 until September 22 2014 for a property in long island NY. Title came with a big surprise of 10 million dollar judgment... and the bank now has a sale date for September 16...M...
Ron Steckly
Flipper wants loan for $70K
Hi,
Flipper wants 70K for rehab and is willing to put me on title of property along with hard money lender and his LLC. Property is selling for $165K but comps but it rehabbed at $282K to $297K.
He has...
Aaron Mazzrillo
Note Terms & Clauses
On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:
Original "Motivatio...
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SHORT-SALE GRIEF
I've put together a very complete and professional short-sale package, and sent copies with all docs to both the 1st and 2nd lien-holders (who are each big lenders). But my problem now is that both say that they canno...
Kevin Meehan
Are you concerned about financing or refinancing right now?
Not long ago in the distant past, it was almost impossible for investors to obtain financing. Many real estate investors had their loans called (called means a lender required immediate repayment), even if the borrow...
Lynn Z
bank lender won't return calls/emails?
What gives when a lender won't respond to telephone calls/emails after weeks of trying? Great LTV, 797 FICO. Was told "slam dunk" loan. Initially loan loaded in wrong (he used wrong address) but reloaded it and sai...
Juan Jackson
800 credit / self employed/avg 75k gross
Lender mortgage broker loan officer financing georgiaBP Members,I need some adivice. I have a client who want's to start investing in real estate. He is interested in multifamily or a flip property. He is concerned ab...
Brady Rowe
Rural Property Analysis
View report*This link comes directly from our calculators, based on information input by the member who posted.
Ray Dixon
Townhomes
Is there anything wrong with investing in townhomes? I know everyone hates the HOA fees. But they are way cheaper than single family homes and offer about the same return on your money as if you were to invest in a s...