Cailyn C.
How much down is needed for commercial $1m-$5m transaction?
Hello investors, what do banks ask for nowadays when Lending to purchase multiunits these days?I hear 15%, 20%, 25%, and if so what does it depend on? Any preference to go with small or bigger banks? Thank you in adva...
Mark Hart
FedEx Major Investment Programs Will Be A Boost Memphis Economy
Memphis-based FedEx Corp. announced three “major programs” that would total more than $3.2 billion in investments as a result of The U.S. Tax Cuts and Jobs act.According to the Memphis Business Journal These programs ...
Puneet S. Braich
Brownfield Clean up project?
Anyone have experience dealing with the Brownfield Clean up program? The gist is certain properties are deemed contaminated by the EPA (or an environmental report) and the government has programs that will clean them...
Tyler Turpin
FHA Eligibility Question (just brainstorming)
I have an FHA loan on one property. I have lived in it for more than one year so I can move legally.
Would it possible for my wife to take out another FHA loan to purchase another multifamily? Is it more like 1 loan...
James Cannon
Loans & Grants Rental Rehabs For Affordable Housing
I own a duplex in St. Paul, MN that I currently rent out. Recently I received a notice for a Rental Rehab loan for landlords who provide affordable housing. Because I currently rent to section 8 tenants I thought this...
Brian C.
Standardized Leases (Ontario Fair Housing Plan)
So as part of Ontario's Fair Housing Plan, they stated that they would be introducing standardized leases: The government will introduce legislation that would, if passed, strengthen the Residential Tenancies Act to f...
Douglas Peterson
Latest info on lease to own restrictions
Does anybody have any updates on the government regulations that restrict lease to own programs? Has it been passed in the Senate?
Regards,
Doug Peterson
Matt Devincenzo
Performing 2nd borrower short sale docs?
So a borrower of a performing 2nd just submitted a 'Request for Mortgage Adjustment' to FCI and requested a short sale. All that was provided was a written summary of expenses, and the last 30 days of pay stubs. FCI h...
James Park
EB-5 Investment Immigration projects
Does anybody have any information on how to broker EB-5 Investment Immigraton Projects? I am working with a developer who sponsors the EB-5 for overseas Chinese, Korean, and Indian investors who will invest $500k+ in...
Jason S.
FHFA Bulk REO Rental Program Impact
Though I had thought I had seen already discussed I could not find the thread. Is anyone thinking about the impact of the FHFA/Fannie/Freddie plans to sell Bulk REO to be used as rentals?
How about the depression of ...