What sort of qualifications does a local bank typically look for when generating a portfolio loan?

Here is a hypothetical scenario for the borrower:
Assuming the loan is against a 2-3 family rental bought with cash.
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I own a property free and clear and have it for sale with Owner financing.  I'm trying to figure out what is the best way to sell it owner financed? What is the process? Do I have to use a RMLO or can I have an attorn...

Hello, everyone!  I came across a wholesale deal for a 3 bed 1 bath 1100sf semi-detached SFR.  It's two stories with all three bedrooms on the second story.  The entrance door and staircase to the second story are bot...

so day after day I ask myself when I'm going to "retire" or go full time real estate. right now my answer seems to be in the mid 30s but sometimes I think what if I do it sooner. sometimes I wonder if I should push it...

Being new to the REI world, I've been searching solely for existing multifamily properties. But with new multifamilies properties being constructed like crazy in my area (Ohio), I cant help but wonder; why? Traditiona...

Hi BP Readers -We are about to go under contract on 7 properties in Kansas, about 20 units. Mostly college rentals, and we're getting them at a significant discount to market (even considering some deferred maintenanc...

Hello all!

My wife and I are looking at purchasing a multi family property to house-hack. I will be using a VA guaranteed home loan. I’ve ran quite a few numbers on many properties in my area and what I’m seeing is ...

I've been doing mailers and getting some response. However, I'm hitting a wall when sellers are not willing to negotiate their price. I tried getting them comps, and reasons why it would cost $X amount (even when unit...

Hi All,I am building a 20,000 Sq. Ft. retail strip center in Pearland, TX. Framing is done and we are looking forward to leasing the space. ETA is about 45 days until completion. Does anyone have a good experience wit...

Hi all,   I'm sure you've all seen something like this before in the mobile home market. I'm viewing a property tomorrow that has 1 sfh and 6 mobile homes (some park owned) on 13 acres. There Are two wells and two sep...