B. P.
Legality of "Split Approvals"
Has anyone worked a "Split Approval"? I am researching details for friends going thru the Short Sale process in Florida. Forgive me as some of the terms are unfamiliar to me. The 1st (GMAC) has agreed to give a po...
Randy E.
Commercial Loan Expectations
A brief overview.40-year old S-Corp with a stable history and no past financial problems. Assets: $700K-$1M. Debts: Zero. Vast majority of assets are commercial, with less than 10% SFR. Clean, complete books and a...
Sarp Ka
Cheapest way to make a cash offer???
Hey there,Let's say I have $1M worth of stocks including my 401k. I find a property that is worth $700k.In theory I can make a cash offer to this property. When it comes to actual execution, I have to sell those stock...
Sanjiv Mehta
What to look for when speaking to hard money lenders
I am speaking to quite a few HMLs for a new construction project. What are the thing to look for when vetting these HMLs? What are the ways in which a HML can turn out to be bad? Thanks.
Hans Restuccia
To Re-hab investors- Are you getting HMl's w/ construction draws?
What kind of re-hab loans are you seeing in the marketplace?
What kind of loans terms would you like to see??
Jacob Beg
Foreclosure purchase and access issue
Hi All:I am looking for some ideas. I recently purchased a property from a foreclosure trustee sale in MD. In my experience, most of the foreclosed owners cooperate or at least engage in some sort of discussion with t...
Sefa Demirtas
Buying as an LLC OR Transferring to LLC?
(I previously posted this question on a different subforum but probably better fit here)Hey Biggerpockets community,I am looking for my first investment property and in the meantime talking to lenders, my CPA, etc to ...
Joshua Manning
Equity Financing an LLC for RE Investing
Hey Guys, So I've been trying to discover a way to raise capital for real estate investing using other peoples money. And after consulting with multiple lenders I now know that most banks wont lend on a property if t...
Miguel Maria
How to get a loan with no dti?
Hi. Even though I am not new into the real estate business I am having trouble to get financing for an investment property I own free and clear for which I want to do a cash out refinance in order to buy more propert...
Marc Freislinger
Offering a cash-out option to seller financing?
I debated what category to put this in, but I was hoping you guys had some input for me.
I have a seller who needs cash ASAP. I have enough cash to do the rehab, but not enough to buy the house and rehab it.
I was h...