I'm an active RE broker from the Ann Arbor, MI area, and also rehabbing a 10unit mixed use historic bldg (7700sf between 5 apts and 5 retail/office storefronts) in downtown Ypsilanti. I also have another house which d...

There is a property I am interested in.  Because of my connections through my job at the bank, I have a representative at the other bank that has the first mortgage on the house that is prepared to sell me the note so...

Looking to obtain a business line of credit.  I have checked with Chase bank who I deal with mostly and they frown on REI for lines of credit.  I'm looking into NFCU and putting together a business plan for SBA.  Diff...

Group,

Wondering how to go about finding a lending source for lines of credit rather than utilizing low rate cc's. Already deal with portfolio banks.

Thanks,

Scott Smull

Hello, If anyone knows of companies that loans and maximizes monies based on liquidity: i.e., loan of $60 K based on $20 K liquidity, please advise.

Hello, I'm looking to close a $2m property in 45 days and need a commercial loan with low rates. Please IM me.

Howdy Folks, When refinancing using the BRRRR strategy, does the property stand alone as collateral for the refi or are you folks who are using the BRRRR strategy required to have other personal income to cover the refi?

I have been doing hard money lending for a few years though hard money brokers which source and set up the loans for me to fund.   I have not gone out and purchased any existing notes yet, I have just funded new loans...

My question is if you are trying to assume a non-recourse loan would you need a sponsor for the net worth or is that up to the bank?
From my understanding a non-recourse loan they (the bank) cannot come back to you p...

I see these kinds of properties occasionally. Where the owner somehow managed to borrow twice the market value of the home at the time of the loan. This is before taking into account unpaid interest and late fees.For ...