ROBERT Richards
Bank says i have too many mortgages
I was writing to ask your advice. I sold one home this year and i am trying to releive some of that tax burden by buying a 4 plex with less than 90 days to go. I am being told i have too many mortgages, 12. I have a g...
Travis Elliott
Bank didnt except offer OVRT asking price.
This home that I am trying to buy is a repo. I dont know if it is owned by a bank or other entity. I made an offer that was above the asking price. I thought that this would guarantee me or another buyer the deal.
W...
Steve L.
Who do you bank with and why?
I am debating if I should change my primary bank but I am still unsure.
Currently, I bank with US Bank. They have a good online system, you can see scanned copies of the front & back for checks and the front &am...
Logan Larochelle
Alternative from bigger banks financing orlando,fl
ok I have a few questions, I already have a home loan at $40,000 this is my primary residence, I have had it for a little over a year now and I went through Wells Fargo, now I'm looking for my second home loan, in...
N/A N/A
Bank REO "formula" for pricing / offers
Hello,
I was wondering if anyone knew the general guidelines for banks pricing or accepting offers on an REO.
Obviously, banks will list homes around an appraisal amount. But I've often heard that acceptance of off...
Anna M.
CAN A BANK CALL GOOD/PERFORMING LOANS?
CAN A BANK CALL GOOD/PERFORMING LOANS?IF SO HOW DOES ONE PREVENT/PREPARE FOR THIS, OR CAN THEY?I have always thought that if I am current on my bank loans the bank would not want to call the loan or foreclose on the p...
Stanley E.
2-4 Unit Misconceptions With the Banks
In the last 2 weeks I have spoken with three banks and they all tell me that 2-4 unit multifamily properties are commercial real estate. Every REI book I read say 5 unit multifamily and up is commercial. Why is there ...
Greg Neuman
Central WI investor friendly banks / credit unions
Looking for any advice or leads to institutions that are investor friendly in the central Wisconsin area. Looking to plan for re-finances or cash out re-finances but currently not getting the results l'm hoping for. ...
David Dovidaitis
Chicago - Need Commercial Broker or Bank Recommendations!
Hello all,I am looking to secure 85% LTV commercial loan on a multi family property in Chicago.Anyone know any commercial brokers or perhaps banks in the area that provide these kinds of numbers?If not, how about a Le...
Clint G.
0% credit card to float bank draws
I'm getting ready to partner with an experienced investor/flipper on my first flip. He has recommended getting a 0% interest credit card to float material/labor costs while waiting on the bank draws once each stage of...