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Whenever I speak to an insurance agent about a property I’m interested in, they’re unable to give a quote without it being livable. I even had agents ask for proof of a lease first …How am I supposed to accurately ...
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Hi everyone! I currently have one property that I own and live in with my wife that I used an FHA loan to acquire. I’m now working on finding another property to purchase using a VA loan. I will rent my current proper...
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Good morning BP community. Looking for advice on how to structure financing for a deal I have under agreement. Background on me is 1 multi-fam in Boston and a vacation rental on Cape Cod - both cash flow positive sinc...
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Question for you smart bears out there -- How do folks a) reduce their tax exposurewhile simultaneouslyb) continue to qualify for financing for bigger and better deals (as they continue to do deals)? For example, my d...
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Hello everyone, I need your advice. There's a motivated seller of a commercial property who has a $300,000 construction loan on the property. The property is close to completion, the seller is asking for $1, 700, 049 ...
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Hello. I would like to get some ball-park pre-approval numbers without getting a hard inquiry at this time. I can provide credit carma data and income data. Is there any one out there who can help and possibly work wi...
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Do any of you have personal experience using the delayed finaning Exception? More specifically, have any of you used a bank local to the Raleigh, NC area to do this type of financing? I am looking to purchase a prop...
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This strategy will help your customer to pay off their loan and avoid damage to their credit rating.
You customer may qualify if:
Owner-occupant (rental or vacancy considered by lender on a case by case basis)
...
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I had a conversation today that piqued my curiosity regarding being a credit partner. Here is an example deal:A full time investor acquires a residential property (4 units) and fixes with private money. They want to r...
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All,
I've heard that building local relationships with banks and credit unions is better than big banks. What questions do you need to ask to make sure they will be able to provide services to aspiring real estate...