Bobby Narinov
Available Financing options for multi-Family (20+ units)
I am trying to get financing for a small apartment complex and the bank was on board for a while. I gave them the purchase price, the down-payment and my financial information.They insisted on giving them the cash-flo...
Jim Froehlich
Multiple Lot Collateral for Construction Loans or Subordination?
Smart people - if I own 24 buildable lots appraised ~$1.6-1.8 million in total (assessed by town at $1.4M), what do you think is the best way to build out the homes (notionally $300-400K builds/$450-550K sells) and ma...
Account Closed
Home rehab -- bank telling me to assume $0.30 value increase per $1 spent
I'm looking to finance a renovation of my primary residence and one of my lenders is telling me that if I spend $150,000 on a renovation, I can expect it to add $50,000 or so of value to my home. That seems too conser...
Zane Lyons
Unexpected 25K Expense on First Property – Financing Options?
Hi all,In a bit of a predicament on my first deal. This first one has NOT been easy and we have been under contract for nearly 2 months now, but I am committed to make it work because I think it is a good first deal.I...
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Wraparound Loans
I am a newbie that plans on getting started int he Fall of '06 (currently a studetn at a University). I am trying to learn as much as possible about RE investing and have a question on seller financing:
Let's say I ...
Adam Bradley
Is "not at any price" in your vocabulary?
I'm in a situation where I'm not sure if the area makes it a "not at any price" deal. I know that you need more info to say "I'd do it" but my question is: are certain areas a hard "no" for you ... at ANY price?Detail...
Chris Gawlik
Really Tuff to Find A Deal In Southern Cali?
Is any one else trying to flip in Southern California, having trouble finding a deal can't seem to find one. I'm making many offers on the mls if i get any action at all its a high counter offer and i cant take the ri...
Brian Christel
HELOC, Cash Out Refi, or 1031?
Hi everyone,Finally getting around to my new member introduction and have a quick question for the members. I bought my primary residence off market last August (condo in a highrise) for 128k. Comps are selling for 16...
Louisa Davis
LOOKING FOR COMMERCIAL LENDER
Hello, I'm looking for a commercial lender for a multifamily property in Pennsylvania. The property is half vacant currently, and will need renovation. Loan balance between $1M-$2M. Any recommendations? Thank you!
Christian Rodriguez
Buy & Flip with Hard Money Loans
Hello everyone I am brand new to Real estate and have been searching for the answer to my question for a while now. I am currently interested in buying and flipping homes and I have been studying the topic and reading...