Rasheed Hope
seller financing
I have a seller who's willing to do a seller financing deal, the thing is I don't have a clue how to structure a deal like this. He has a mortgage on the property of around 76k and a second of around 10k. The property...
Tom Goans
Lessons Learned from Real Estate Market Frenzy
Lessons Learned from Real Estate Market Frenzy
This is an observation of real estate market frenzies and lessons learned from the viewpoint of a third generation real estate investor, developer, property manager, and...
Mindy Jensen
Looking for ways to repair credit
What is your favorite way to repair credit? Have you used a certain strategy that worked really well/increased your score significantly?I'm not looking for the credit repair equivalent of a get rich quick scheme. I'm ...
Miles Stanley
Portfolio Lender with 30-year Mortgages - San Antonio, TX area
Does anyone know of any portfolio lenders and/or small banks that offer non-conforming investment property mortgages with 30-year terms?All the ones i have spoken too so far only go up to 20-years and this could be a ...
Shane H.
NE1 w Experience in obtaining FHA 232 , 241 Sr Living Loan?
Hello,I'm looking at refinancing our SBA loan debt this summer or fall - and looking at obtaining an FHA Sec 232 loan or I've seen there are some Fannie/Freddie loan programs as well depending on the lender.I like the...
Wilson Pun
Purpose of DTI for commercial loans based off of DSCR
What's the point for commercial lenders to consider individual's DTI for a loan on an income producing property owned by an entity? The loan amount will be based off of NOI metrics like DSCR and Debt Yield, along wit...
Megan Hirlehey
How do you refinance your AirBnB without a 12-month lease?
Hi BP,I have an AirBNB that I'm looking to refinance. It is owned by a partnership (so I need a commercial RE loan) and I don't have any loans against the property. The company that owns the property has loans, so I w...
Jason Espi
Co sign or refinance
My fiance and I are looking to see if I should co sign his house, take cash out and get a lower interest rate. Or I apply for a mortgage loan under my name to rent out the property. I'm not sure if co signing first m...
Anthony Hornbeck
Hypothetical - $75k Equity vs $50k Student Loans
What would you do in this scenario?Investment Property with equity of approximately $75k.Student Loans of approximately $50k (Overall Effective Interest Rate 5.25%)Would you sell the property to pay off the loans, o...
Melvin Flory
BOA Scammmed Me into Default, Who Will Refinance Me with $60,000 Equity
I became permanently, totally disabled from 26 years of Federal service in January of 2007. Remained current for approximately 1.5 years, middle of 2008. Bank of America/Countrywide told me I had to be 3 months behind...