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Results (10000)
Bob Gardner Looking for a line of credit on my duplexes
10 July 2015 | 5 replies

My duplexes cash flow like crazy and have a 75% LTV first on them.  I have 3 so there is some equity there.  How do I tap into this?  Please give me name of lender that will fund based on cash flow, excellent credit.

Terra Gilbert Help! Good deal, too cheap for financing!!
27 October 2015 | 5 replies

I just got a contract for nice duplex that rents for $600 each side and is only $34k. I have $10k which I was planning to use for a down payment but my bank who originally gave me a preapproval of $45k since that is t...

Adam Melon 203k loan with 4 partners on a quadplex?
16 June 2019 | 2 replies

Would it be possible to some how structure a 203k loan through an LLC on a quadplex, of which all 4 partners would occupy each unit as their primary unit? Rehab it, and sell after 2 years - pay zero cap gains collecti...

Luke M. Need to insure a newly purchased property for tenants without the bank calling the loan.
5 July 2011 | 3 replies

I just purchased my first investment property 2 1/2 months ago in San Diego on a personal loan with the intention of living in it for 1-2 years, and then renting it out. Everything was going to plan until I received ...

Mike Lee 1st time home buyer
19 November 2009 | 2 replies

Hi,

I have always thought that the ideal "first rehab" would be one that I live in. I heard from several people that banks will not allow you to buy their REOs if you are using an FHA loan...especially if the proper...

Account Closed Is this a good rate?
30 July 2020 | 6 replies

I have 5 single-family homes that I paid cash for. I am getting ready to take out my first commercial mortgage on two of them to free up cash to buy more properties.  My local bank agreed to 75% LTV, 10 year fixed ra...

Naseera Mohamed 203K loans
26 July 2014 | 7 replies

Is a 203 K loan restrictive as to choosing the contractor, etc ?My mortgage Loan officer tells me it is a tedious process. Is that true? 

Colin Williams Foreclosure Auction with people still in the house
18 March 2021 | 4 replies

I want to preface this by saying that I'm not looking into bidding on this particular property, but I have a question about this situation. I received a notification about a REO going up for auction on auction.com beg...

Chad Deberry Community banks Jacksonville
12 February 2021 | 10 replies

Looking for small community banks around town that will loan on rental properties. My first three properties were through Everbank. It was hard getting the third loan, which seems to be the case with bigger banks. Any...

Aaron Bae Commercial Lenders for small loan amount for OH multi-unit
22 February 2019 | 8 replies

Hello, BP!  I currently live in CA.  I'm having trouble finding commercial lenders for a multi-unit purchase in OH.  The problems I'm running into are 1)  Loan amount is too small (>300k).  2)  I live out of state....