David Goings
Lender / Bank relationship
Hello all,My current strategy has been cash only on my deals but I have began exploring the possibility of leveraging. I recently sat down with a commercial loan officer from a relatively small bank. He seemed eager t...
Mariah Jeffery
Dollar Tree to close 390 Family Dollar Stores
Does this affect your opinion of investing in a Family Dollar or Dollar Tree building? I've been looking at a Family Dollar that claims to be among the top 1% of Dollar Tree stores. I assume if they were going to clos...
Account Closed
Home rehab -- bank telling me to assume $0.30 value increase per $1 spent
I'm looking to finance a renovation of my primary residence and one of my lenders is telling me that if I spend $150,000 on a renovation, I can expect it to add $50,000 or so of value to my home. That seems too conser...
Zima Ba
Getting deposit back from small claims court myself
I sold my house unconditionally for over 1 million dollars in Mississauga but the buyer did not close or show any intention to close until the closing date. The deposit is $30,000. 4 weeks after the closing date, the ...
Buddie Slone
Fannie May loans how to get
I have three commercial loans totaling 600,000. I would like to get one Fannie May loan with locked in interest rates. Where can I get one?
Rafael Martinez
Should we start a cancel mortgage movement?
It seems the government have no concern for mom and pop investors. With the CDC extension of the eviction moratorium until June, it seems their only interest is protecting the banks. There are tenants refusing to pay ...
David B.
How to use a million dollar line of credit…
Hi everyone! I’m looking for advice/strategies on how to use a 950k line of credit that is provided to me through my bank. This is due to the assets they currently manage in my behalf. I’d really like to utilize this ...
Wendy Black
Asked to give hard money loan
What advice can you give to rental property owners who may give a small hard money loan ($25k?) to a fix & flipper? It would be our first.We met him at an REI. He's got excellent reviews online. He's done a num...
Joseph Lavoie
Financing Options For Low Dollar Value Rental Properties
I recently purchased and rehabbed a two bed one bath rental unit in Birmingham, AL that will be rented to section 8 tenants. The ARV on this property is just under $100k and I am struggling to find lenders who are wil...
Anthony Halstead
How will this govt plan influence rental rates?
Interesting plan being proposed by govt, take REO properties and turn them into rental properties (govt subsidised no doubt).
Any thoughts on what impact this will have on rental rates?
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