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On a large loan, all things being equal, would you rather have a 6% loan with a personal guarantee or a 12% non-recourse loan? Assume a 10 year loan where you have cash flow rentals that can easily cover debt financing.
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Does anybody have any good contacts for banks that loan on Mobile home parks?
Note: I'm in Louisiana.
I am considering purchasing a seller financed home and want to know what the benefits are to the buyer (me)? I can get traditional financing through a bank but was wondering if I go the "seller financed" route would ...
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Hello,
Hello,In 2 - 4 multifamily unit will banks look a debt to service ratio or my debt to income or both?
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Ok so here it is:We own 2 properties with no debt on them, one is valued (according to realtor.com) at $256k and one is around $60k. Kicking myself for not growing our portfolio sooner but better late than never I gue...
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Dear BP, I had a quick question on commercial financing for my first larger deal, so I am pre approved from Freddie / Fannie for a $1MM purchase, I have literally just enough capital right now to do that, but limited ...
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Hello investors,I was listening to real estate guys podcast the other day and a commercial lender/broker mentioned about a fully amortizing 25, 30, 35 yr term HUD FHA commercial loan product. Anyone knows if such a pr...
Good Evening everyone! I want to bounce an idea off of you all and see if my logic on this makes sense. My uncle owns a property in Iowa City, which is a great place to own real estate and a market I want to get into....
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Hey BP! I purchased my first SFH less than 2 years ago (May 2019), but am in the process of selling to live with my SO and to aggressively save to pay off my student loan debt from grad school. My house value has incr...
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Hi there,We are currently screening for a 2/2.5 condo in Newport Beach at $2795 and I'm wondering about the co-signer on the property. Is it normal for a young Orthodontist to pull 20k/month but have almost 700k in st...