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What are the typical terms a hard money lender looks for? Is $10,000 sufficient to show hard money lender I have skin in the game? Is it okay to get a great property under contract while not exactly knowing where my f...
Hello everyone! My name is Michael Feeney from Rochester ny. I actually signed up to this site over a year ago because I was screwed over by a so called land lord/property manager Doug Hirt and I found out a bunch of ...
Hello,I'm trying to do a cash out loan on my rental property. I met this loan rep and he told me he has a stated income loan program available to investors. In didn't believe him but he assured me that these type of...
I am a Real Estate agent and my partner is a contractor. we are going to form an LLC to do flipping. I will provide all the downpayment $$ and make the deals with lenders, find the properties as well as market them wh...
Just spoke with two banks about a NNN mom and pop deli. It’s in a class A urban location with 5 years left on lease. One bank said 65% Ltv and the other 55%. Too much to put down! What are you guys seeing?
Fellow BPer's,
I've done 3 or 4 deals already with traditional financing but I have an opportunity to potentially buy 6 units (3 duplexes) with a partner. We can still afford/qualify 4 of the units under traditional...
I am familiar with Chicago south side rentals of SFHs, but not Evergreen Park which borders the south side Beverly neighborhood. Any rental investors familiar with both areas? More specifically, I am looking rental ...
Hi All,Curious how you feel about Multifamily (less than 8 doors) in the Indy market. Seems that SFH would be the way to go in general, due to the higher rents and the lower vacancy rate. With the low real estate cost...
Hello All,My family and I recently purchased and renovated a house in Birmingham, Al using the Fannie Mae Homestyle loan. I have to say this is an amazing loan, and have been very pleased with how smoothly everything ...