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I'm trying to buy my first investment property in the Hampton Roads area in Virginia but the lending company I'm talking to will only give minimum loan of $50,000. I found a property with a lot of sweat equity in it a...
Hello,I own a quadplex in West Palm Beach-Riviera Beach, Florida and I am looking for some recommendations of banks (large or small locals) to pull some cash out. I have owned it free and clear under an LLC since 2014...
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Just got a 4 plex at auction. Need to close in 30 days. Normal banks say they cant do it in time. Does any one know of person or group that can lended in that time frame.
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Hi,I'm looking for recommendations to local/community banks and credit unions that would provide a mortgage to a 4-family in New Orleans. Thanks. KB
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A property I was looking at is designated for purchase by FEMA via New Jersey state.It hasn't been sold yet because it is bank owned and vacant, and thus last on their list.During this period, the bank has been market...
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Hello,assuming 1st mortgage forecloses and it also names HOA as defendant.if there is a surplus above the final judgment of the bank, will the surplus cover the HOA liens?
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I am trying to refi a property that I bought in June and have stabilized with a tenant in place. I am out of California but see implored so the big banks have a hard time getting pass several K-1’s and and gains and ...
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Has anybody ever heard of the SBA giving a loan to a start up llc? For example we are buying a building 3 store fronts and 3 apts attached to it and the contract is for 20 months, after that we have to refi with a ban...
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I was having a discussion with some other investors and we were discussing partnerships. In your experience in partnerships, do banks consider them stronger than a sole proprietor? I would love BP thoughts on this.