Jacqueline Cayasso
Needed help with questions on a pre app
Is the first time I'm doing the pre approval for my first deal. Can someone explain to me if in the loan amount request I'm supposed to add the amounts for closing cost and holding cost if I want them to rollover tho...
Stephen Sawrie
financing with SD-IRA
SD-IRA, checkbook control (LLC). want to purchase multiplex for 290k but finance around 30-40%. I am told that the loan to the LLC must be non-recourse. is this correct? uDirect supplied me with a list of lenders ...
Christopher C. Welber
Cashflow Based Lenders and Hard Money
Hello All!I'm looking for vendors who will loan money based on the merits of a property and its cashflow value with a 20 to 30% down payment. Does anyone have recommendations. I'm also beginning to explore hard money ...
Cameron Kawato
Commercial lending down payment percentage?
Can anyone tell me what the typical down payment percentage required is for commercial loans rather than residential? I’ve read anywhere from 10% - 20% but didn’t know if that was accurate.
David C.
Cash Out on payed off rental??
I apologize in advance if this is a stupid question.My understanding is that you can Refi a rental property and cash out on the increased equity/value with a new loan, and the proceeds are non-taxable. The BRRR conce...
Jay Choi
Lowering DTI through novation contract.
This is really for the experts. Let me know if this can be done. my end goal in asking this question is to lower my DTI exposure. my family currently have about three conventional mortgage and we are looking to pur...
Scott Scharl
Advice on Legally Advertising Private Debt Opportunity
Question: How widely can I legally advertise a private debt opportunity?Recently, via the BP Marketplace, I've connected with a number of investors interested in my company's 10% private loan program. Now I'd like to ...
Cody Feist
Lending on a 1-4 unit property
I am new to real estate investing. I am looking at buying my first property soon. I have listened to all the podcasts and read several books. From what I have gathered is that 1-4 units is considered a residential loa...
Colleen Murphy
Confused about compliance issue regarding cash-out refinance
We are working with a lender to get a cash-out financing loan on an investment property that own. But, we were just denied for the loan with the loan officer saying she was, "unable to get the refinance approved throu...
Nick Mast
Lending Suggestions for LLC
My partner and I are looking for viable solutions to our current obstacle. We formed an LLC for the protection that it offers us as individuals and also to have a binding agreement between us via our Operating Agreeme...