12 December 2013 | 4 replies
We use our capital to finance commercial and residential loans up to $4,000,000 and have all of our underwriting done in house which means a fast turnaround of 3-10 days.
18 November 2013 | 12 replies
This means I was raised learning about real estate, seeing a lot of different properties, and I eventually became a residential real estate appraiser in the Colorado Springs area.I was an appraiser in Colorado Springs from 2003 to 2007.
4 December 2015 | 62 replies
We can't say 3 years is bad, we can't say mess with the price because the term is longer.I suppose there could be a basic flow chart for SF deals, residential and commercial, but the bottom line is that you need look into the future on these deals, not so much as what the circumstances are today.I do my best never to put words in Will's mouth, but I do see an implication that having "50 off the book" seller financed loans seems to be some advantage to obtain future conventional loans.
18 November 2013 | 10 replies
Hi everyone,It's great to be here and I want to thank everyone in advance for their help and to have this community.My questions involve mixed use properties.Can a mixed-use property containing 3 residential and 1 commercial space be purchased using an FHA loan or does it have to be only residential units?
20 December 2013 | 19 replies
Don't bother with their residential loan officers.
18 November 2013 | 7 replies
Jeremy, I'm new to Bigger Pockets but have been active in Sacramento residential real estate for over 10 years.
17 November 2013 | 7 replies
Residential vacancy ~2% in my area in Richmond.But my question is less about potential for appreciation, and more about how the headline index numbers impact consumer sentiment, consumer spending, and perhaps skewing people's perception about the movement in real estate prices..
2 April 2014 | 7 replies
Joe along with his main paralegal Patricia run circles around some of these other guys...Can't beat experience...40+ years in both residential & commercial real-estate.
20 November 2013 | 1 reply
The Central Florida Realty Investors Association has a local Brevard chapter meeting in Merritt Island monthly on every third Tuesday @6:30pm.
10 June 2019 | 15 replies
You would need to see the actual note document to be sure about any particular loan, but the general terms are standarized:http://www.law.cornell.edu/uscode/text/12/1701j-3(d)Exemption of specified transfers or dispositionsWith respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon—...(4) the granting of a leasehold interest of three years or less not containing an option to purchase;...This section gives a exception to the due on sale clause for a normal lease as long as it three years or less.