I'm searching for references for a land note collateral review. While Dickie Baldwin at BAG came highly recommended, I haven't been able to reach him as his mailbox is currently full. I would greatly appreciate any ot...
A buddy has a 5 unit building he needs to sell at 475k. I think it should appraise for at least 600k and think 650k is reasonable.
It’s fully renovated and fully leased for $5,200/month.
I’ve reached out to bank...
I am considering financing a local investor who is buying a partner out. My borrower also owns an apartment complex financed with a bank loan and bought within the last year with other investors. I'd be providing fina...
Hello,
New to the forums, but a longtime listener of the podcast. Among real estate I own a wholesale distribution company, a contruction brokerage business, and act as a venture capitalist in my small town eco syst...
Hello BP CommunityI own a home in the Seattle area, and it rents at market rate with no mortgage. Because I don't have a mortgage and not amazing credit I don't look great for a traditional mortgage through a bank. I ...
I have a client with $800k in T-bills that needs $360 cash in 5 days. Can T-bills be used as collateral and is it realistic to put it together in that short a time?
So BP I have a question for you. I will not give all the details but my portfolio of investment SF properties is currently sitting at 3.3Mil with loans on those properties at 1.9Mil. By the end of 2019 I am expecting ...
Hello,If you have 2 properties cross collateralized with 1 lender and you sell 1 of the properties can you roll the equity to the other property with out taking a pay out of taxable profit/income?For example: Property...
We have continued to grow in the last 7 years with our Storage business. We are now up to 8 locations. Most are at 100% occupancy. 4 have land to expand, and we will next year. Focusing on our last locations 7 and...
Has anyone had any experience utilizing there primary residence as cross collateral for an investment property? Just trying to understand the pros and cons and what was the process like with the lending companies.