I was checking in with a lender yesterday to get an updated feel on where commercial real estate loans are (refinancing a paid off SFR). He mentioned that one of the new questions being asked if you accepted a PPP lo...
Just curious if anyone knows any national or local lenders (Texas region) that do cashout refinancing on lower valued properties in the 50-110k range. I have some of them all that are paid off in cash and would like t...
I am looking for some advice on structuring a private loan. I have an interested party that would like to invest $100k into my business ( I have not yet created a LLC, but plan to). I have discussed some standard te...
Hi everyone, Looking for a recommendation of a Broker who I could speak with regarding refinancing my current Mtg/HELOC. Someone who is familar with NY State, fees etc and can do a realistic analysis to see if it cur...
Hello!
I was having a conversation the other day with a fellow investor about the BRRRR method and he was telling me about a “bankers credit” he receives when refinancing his properties when he can show he’s put over...
Investment Info:
Single-family residence buy & hold investment in Tampa.
Purchase price: $328,000
Cash invested: $50,000
Sale price: $495,000
Purchased this Bank Owned property in an auction ...
Is there a general rule of thumb for how often I should be getting my real estate appraised? So far I've just been using my own judgement on what they are worth (I am not a real estate professional) by looking at comp...
What are ways to create a deal with a private lender on a property that doesn't need rehab and refinancing? Sure if it's a peace of poo property and you do the numbers and can convince owners to sell for less so you c...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $200,000
Pair of duplexes purchased with 1031 proceeds from a previous sale with about 75% financing. Rents were...
Anyone ever heard of this lender? On the BBB it says they are based out of NY. I’m looking at refinancing some properties with them, but a few online reviews freaked me out. Any help greatly appreciated!