Brent Kiger
Commercial loan terms
All,
I have a quick question about some loan terms I just received. I have a fourplex under contract and just got final approval from my bank who is writing a commercial loan for the property. They submitted a 5.25% ...
Pete Harper
Texas Commercial Financing
Is there anyone out there still doing financing in LLC name? In the last two weeks all my previous lenders are not doing new loans. Looking to do cash-put refinance of 4-plex. First position, 30yr, 70% loan to value.
Dylan Delancey
Invest in real estate while having student loans?
Hello all, I am new to this forum and excited to be a part of the community. Ill strive to keep this short & sweet.
Currently, I am in my final year of physical therapy school and will be graduating this August w...
Anthony Simboli
Funding my first big remodel
Hey guys!It's been a while since I've been on but it's finally time for me to remodel my first multi family that I purchased. One thing that I've been struggling with is different strategies to fund this project. It w...
Isaac Roy
Tiny Home Financing Issues
Hey all, Looking for guidance.We are currently about to be under contract for a tiny home with land.Square feet: 200Cost: $55,000Acres: .28Issues:-The last contract that fell through sent 4 appraisers who couldn't app...
Anna Bliss
FHA Titled held as joint tennancy w/survivorship
Quote from @John Jackson:You would EACH have to QUALIFY for the loan. You can't combine incomes to qualify unless you are married.
Im engaged and will be married in a couple months. We have 2 children, been together...
Lesley J.
HML for Wholesaled Deal
I have not had any problems with HML's until I ran accross this.
The property has a formally appraised ARV of 170K, loan needed 55% of ARV (this includes all repairs). the HM...
Ed O.
Citibank Still sucks & executive support number - ideas?
I was 100% fully approved to do a HARP refinance with Citi, to the point that their notary was in my house, in my kitchen, with all of the docs, ready to sign. There was only one problem, an issue I addressed with 5 p...
Brad Fitzpatrick
Creative Purchase/Financing Help!!
I'm trying to buy a bank owned property that is probably 50% finished and needs a lot of work done. Any creative ideas on how to finance this? I was thinking about how I could get the bank to agree on a purchase pri...
Jesse Schultz
Templates for private lending contracts
Hello,
Does anyone have a template for a contract between a private lender and a real estate investor? Something that settles agreed upon lending rates, payment schedule and default follow up options.
Any thoughts wou...