I posted about this concept earlier. However, I now have more information. I am re posting so it doesn't die as an old post. Thanks for any and all comments. I am considering taking a loan from my bank to finance anot...
Good afternoon all,I am looking to start a discussion with those that either have experience dealing with mortgages or is a loan officer and would be able to assist me on a couple questions I may have in regards to ob...
I am working with a lender on a property and they seem to be willing to work with me. The one thing I need help with is understanding their term sheet the way it is written. Based on the below, it looks like on this...
I have a partner and wanna run a possible strategy by this group.
Say I buy house X for $200k, get a mortgage on it for $100k, then quit claim it in an LLC and sell half of the LLC to my partner at the same valuatio...
Hello! I have an off-market opportunity and want to jump on it! It is an a-frame in WI I want to turn into an STR. I have $70K of my own money I can use as a down-payment, but am looking for someone to finance the res...
Hi gang,
I'm just starting to look into/learn about commercial lending, and of course the terms on residential loans are typically better, sometimes by a large margin.
David Greene and other BP hosts talk about how ...
Hi everyone! I found a duplex in the Cleveland area that is listed for 85K and rents come out to around 2k/month. I would like to use a DSCR loan, but I've heard that you can't use DSCR loans at that price point. Is t...
Hi:I been speaking with someone from Patch of Land, the HM lender. Everything sounds good about their loan program...does anyone have any personal experience as it pertains to ..were there any upfront costs, documenta...
I've tried to look through the posts for some tips on JV-ing but most seem to be about people seeking partnerships, not just seeking advice. (and when I go past page three of my search, it pulls up all forums not just...
I am a platinum card member with America express and I spoke with them about backing me financially to build 3 new houses in a booming northern Colorado town which I figured out take $250,000 each. They want me to sub...