JJ S.
Does commercial mortgage appear on individual credit report?
Does commercial mortgage appear on individual credit report if personally guaranteed?And if there was a foreclosure on that property would that appear on credit report if personally guaranteed?
Evan Boychan
First Purchase, Personal Credit or LLC
Hello! I am a new investor looking for my first deal in the Ann Arbor area. I'm primarily looking at single family homes, condos, and off market opportunities. I'm curious what metrics people use to decide whether to ...
Tom Fidrych
Property managers, who pays for evictions
I'm shopping for a new property manager. If a tenant you have placed is to be evicted, do you take care or it as part of your management service or is the owner billed for each court appearance and all governmental fees?
Chris Mason
VA Loans, "Jumbo VA," etc, 2020 and Beyond
Most important: "Exhibit A: Loan Limit Examples"Recall that a 25% guarantee = you don't have to make a down payment. When you go with 0% down VA and all is vanilla, generally you use up entitlement at a rate of 25%, m...
Nate R.
Non-paying tenant in turnkey due to CDC
Is anyone else dealing with this? I purchased a turnkey property in Jacksonville through a well-known company that has been discussed many times on BP and haven't received rent. It appears the tenant had enough to pay...
Zehua Zhou
Does standard non-recourse Freddie Mac Commercial loan work for IRA accounts?
I understand that IRA loans need to be non-recourse. I talked to a commerical RE lender who does the Freddie Mac Commercial loans and his sample loan doc has the following language:Non-recourse to Borrower and Guarant...
Jessie Creighton
100% guaranteed Maine deal finder
Hey has anyone heard of Ocean City Development marketing? Any success stories especially around Maine?
If you're sent a guarantee agreement which outlines the amount of time effort needed to get a deal or your money ...
Demarkeese Alexander Nolen
VA Loan can be Conventional Loan
Hi I’m currently serving at Hunter Army Airfield in Savannah, GA. I’ve been researching house hacking for the last few months. My question is can you make your VA loan a conventional loan? If so what would be the step...
Gregory Schwartz
DTI: How do different loans effect the debt side of DTI
I have different loans and I want to know how they will affect my DTI
1. Seller Financed: I don't see any verbiage in the loan document that made me think this is personally guaranteed. Do the taxes and insurance on...
Nur Al Sharif
Financing within an LLC
Hi all,For those of you who have invested under the structure of an LLC, what type of loans do you typically search for? What have you had good or bad experiences with?I have read that it is very difficult/near imposs...