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Pocket Door Header Length
My new (old) house had a narrow door that was closed over with sheetrock. Upon opening it, we discovered it had been a pocket door, no longer there. We want to enlarge the opening and put in a 32" hinged door instead....
Ron Le
Need an opinion from brokers on this refinance loan
Hello everyone,I really appreciate the existence of BP platform, I've been learning quite a lot the last 3 months and just decide to invest in Columbus, OH and just closed on a double units rental property. I bought i...
Mary Jay
Can I add someone to an existing lease? (relative or non relative
Hi guys,So I spoke to an attorney and his suggestion is to have every adult person on the lease agreement.So lets say if I come to inspect a unit and someone else lives there in addition to the person who signed a lea...
Michael Morrongiello
Any Easy way to Get ESCROW Impound Funds BACK - when SUBJECT 2 Loan is paid off ???
BACKGROUND: Bought a property SUBJECT 2 an existing 1st lien (lets say serviced by Shellpoint) years ago. Loan is NOT in our name but in the name of the original borrowers. This account includes ESCROW IMPOUNDS being...
Bon Osonwanne
Syndicate Waterfall Distribution with Leverage and Seasoning
Hey all,
I recently came across a lender that will do a Blanket Loan under 500k (several properties in one cash-out refinance mortgage) on an existing cash portfolio owned by my Syndicate (LLC). Does anyone have an...
Geo Cruz
Hard Money For Buy and Hold
I've gotten mixed information from conventional lenders in terms of being able to refinance a cash or hard money property. My intent is to use the hard money loan for the acquisition of distressed, non conventional qu...
Gerald Gatyas
Hard money financing for a Flip in NJ
I'm considering going threw a hard money lender. Questions I have is I know hard money has a higher intrest rate but also allows you to get in and get things started. Does 100% on rehab and purchase still exists with ...
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Improvement/Construction Loan in Los Angeles
Hi, I'm looking for banks/lenders who would do a $400,000 improvement/construction loan in the Los Angeles area. This is for adding another level on an existing duplex. I called First Republic and our loan amount is b...
Mikael Winkler
Value of a New Build More Than Cost to Build?
Hello BP!I have a general question about building single family. Theoretically, as long as one is buying in an appreciating area, would the after-build value of a new build single family generally be higher than cost ...
Jared McKie
Using an existing lease at a Duplex to qualify for Financing
Hello, I've identified a Duplex that currently has two tenants renting both sides. One side rents for $1,000 and the other for 1,200 per month. The existing owner is an old colleague looking to sell due to he's not li...