Jerry Brecko
Seller refusing to extend closing.
Have a real estate agreement of sale that had to be extended already we are supposed to close tomorrow but hard money lender is not ready and says they need a 2 day extension. Seller is refusing and telling me he’s g...
Nicholas B.
What is your experience with negotiating loan docs?
I'm a multifamily investor, was an all cash buyer and more recently started financing and refinancing. 1-2 million dollar loan amounts in several different portfolios.100 units total.The following has been my experien...
Raj G.
Private Lending-Loan Extension
Can somebody please advise what are generic financial terms for private lending(residential).Like loan rate, what happens when loan matured and borrower wants few more months extension.Thanks in advance.
Maya S.
Refinancing a NNN
I have to refinance my NNN as I'm getting close to loan maturation May 2025 (balloon payment). Currently @ 4.5%. My tenant (investor grade) has 3 more years left on the lease. I've talked to them to find out if they a...
Will Johnston
Early Payoff (EPO) Recapture
I refinanced a property about four months ago, and when rates dropped over the summer, I began the process of refinancing again. Due to lackluster service and better pricing elsewhere, I did so with a different lende...
Avtandil G.
Portfolio lenders for C-Corp structure?
Hey folksI have a private banking with WF who also offers me portfolio lending on properties held in my name or my LLCs. They do not extend this to my C-Corp where I have a number of properties (yet at the same time, ...
Nicole Bryan
Short sale to foreclose in less than one week. Need advise to save the deal please!
Hello!
I have an offer on a short sale that is scheduled to foreclose on 9/6. The commitment letter came in yesterday and there are several items that need to be taken care of prior to closing. The issue is t...
Cardwell Thaxton
How can I Finance these 4 properties
There are 4 single family properties I want to purchase. The total price is going to average $50k to $60k each. They are not together or being sold as a package. I plan to put 20% down on each one. I want to financ...
Calvin Ly
Buyer's lender delaying closing twice!
This is getting super frustrating and getting expensive. I just sold a home and another is under contraction to sell. Both times the lenders are pushing well beyond the closing date. First one was suppose to close in ...
Steve Luttman
Buying From HUD
Hi Everyone,I'm considering buying a multifamily from HUD and had a few questions regarding the mechanics of the transaction. The rep I spoke to at HUD's main phone number wasn't much help, and so far haven't gotten a...