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Hello!We are looking to refinance two of our industrial buildings and we are considering using a broker who works with life insurance companies. The terms are very good - 15 year fixed (almost unheard of for these typ...
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In Florida, I know that both a mortgage and note are recorded by the Lender with the Clerk of the Court, but where/how are the points (origination fee) addressed? The notes that I've seen in court records only have t...
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Hi, our mortgage company changed hands on Nov. 17, 2017, we had our loan since 2013 with another mortgage company.. we recently applied for an sba loan and were approved then find out the loan cant go through because...
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Hello all, I am a long time lurker but first time poster in the middle of my first real estate investment deal. I am purchasing a SFR in Florida with 20% down through conventional financing. I found my lender throug...
...commercial loans:The commercial loan must be secured by one of these four major groups - (1) Multifamily; (2) Office; (3) Retail; (4) Industrial.The property should be either brand new or in pristine condition.The...
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Do any escrow officers, title professionals or private lenders happen to know if a private lender can obtain an ALTA title policy (lender's policy)? I'm in the process of doing my first loan (as a private lender) an...
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I was referred to a mortgage broker for a re-fi on a rental property that I own (refinancing out my private lender in to long term financing). Long story short, late in the game, the mortgage broker has informed me I ...
Good Afternoon!I've been looking at a bunch properties and i think i've finally found one that would be a good first investment and i was wondering if the community at BP could help me out at all?It's a 3 story, 5 uni...
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So I was listening to BP podcast on my way to work yesterday and heard Pace Morby mention Due on Sale clause insurance. Ive searched the web over the last 2 days and cant find any companies that offer this. Has anyone...
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I found someone that wants to lend me money, but he is a first time lender and I am a first time private money borrower. We have agreed on the terms of the loan and everyone is happy. I have an attorney helping with ...