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Hello allI have a scenario i need advice on. I found an abandoned property while driving for dollars. I was able to get in touch with the owner and they are willing to sign it over for $1000. The catch is that there...
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Looking for portfolio lenders or banks in or around the Muncie and Indianapolis (Indiana) area that cater to the real estate investors. Any leads from people you have worked with would be greatly appreciated.
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Does anyone have recommendations on local banks lending to investors in Milwaukee WI? I have one property that I want to refinance - hard money loan, rehabbed, and now fully rented. I'm hoping for lending at 70% LTV,...
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Folks,I'm looking for the following:1) Quicker processing times2) Low or no "Due on sale" cases3) Can lend more than 4 loans4) Accepting of seller financing option5) Cash out refi in 6 months or less6) Fair property a...
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Hello All - I put an offer in on a 2-story, side-by-side Duplex and have my financing in place. I have never used bank financing on a deal before. I have run through the numbers, but I am not completely confident at t...
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Okay, here is an HOA foreclosure question/scenario: An HOA forecloses on a property and is purchased at auction by an investment group for pennies. After this auction the bank (primary mortgage lender) then foreclos...
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Hi Raleigh BP community!This is my 1st post on BP and a little nervous about it... but I hope I'm not asking a stupid question. I was hoping someone would give me their advice about finding a local bank/banker to wor...
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Ladies and Gentlemen of the Bigger Pockets Community, thank you for taking the time to entertain my elementary question. I'm still in the "information gathering" stage of my RE investing and in all I've read and list...
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Hi!I started contacting banks to see how they handle multi-unit loans, and it seems like the offers differ a lot from one bank to the other. I'm talking not only about the interest %, but also the way they evaluate a ...
Ironic or what? Called this was as it was!!
Please go to the ongoing thread I started on the subject a few days ago:
http://forums.biggerpockets.com/viewtopic.php?p=94033#94033