Tao Xu
Houston commercial loan recommendation
I am shopping for a commercial loan for a 6-plex rental property that is located in Houston. I heard that commercial loan has higher closing cost than the residential loan - is that true? Does anyone have any experien...
Gordon Meadows
Development Takeout Agreement letter for Mezz Funding-
Good Good Evening!Steve & I are working on several existing production oil deals. Here is a math example: maybe you can assist us for a fee at closing?1.We have a buyer2.The buyer wants to buy 1,000 barrels/day i...
Kevin T.
Verifying Lenders
Hi everyone,I am in the process of purchasing a multimillion dollar apartment complex with the assistance of accounting and legal professionals to review the financials and the property. I received an offer for 100% f...
Matt Giordano
Line of Credit vs Personal Savings
Hi everyone 1st time rental property investors.After much research our next step is trying to determine which option would be best for funding the 1st deal!Scenario / 1. We own a mortgage free property that has at lea...
Chris Mackinlay
Dispute on Credit Report
Hello everyone.
Great forum here. I have been lurking for a while to soak up content while I get my personal financial house in order.
I need some help and thought this would be the place to ask. I'll stay short and...
Peter Lee
Realtor asking for my first 5 of Social on Short Sale
So, I made an offer a month ago on a BofA short sale and was accepted. My realtor happens to be both the buyer's agent and seller's.
She called me up today and ask me for my first 5 digits of my Social Security Numb...
Jeff Twigg
Tenant Credit Check site missed 2 evictions
I listed a single-family income property for rent and quickly found an interested party. It was two retired women that decided to split their housing costs as their expenses are rising faster than their income. I use ...
David Pimenov
Cashing out in dubai
If a u.s. citizen lived and worked in dubai for only one year and then cashed out like 1.4 or 1.6 billion usd even if such money was clean and legitimate, would this amount arouse suspicion once back in the u.s.? Up ...
Chris Turner
Need advice--Been defrauded by lender
Without going into great detail, does anyone have any suggestions regarding pursuing legal action against someone who defrauded my son? Essentially, this guy posed as a legitimate lender (used his name, company name,...
Jason Powell
Hunting Down Pre-Foreclosures?
We know that working with pre-foreclosures can present unique opportunities to create win-win situations for the seller and investor alike.
What do you think are the best practices for hunting down pre-foreclosures (...