Starting a loan company both conventional and hard money What loan docs do I need to start.?
Just wanted to know what loan docs i need for people wanting the loans…?
Just wanted to know what loan docs i need for people wanting the loans…?
Our house has been on the market for 7mos.
We just changed the Realtor and hoping to have the house sold by mid June.
But our house isn’t financable.
I’ve heard of private financers, but how (if anybody knows) does one go about getting a loan from one?
If any of this matters, its listed at 9,900.00 with 3 bed 2 bath and 1500 sq.ft. on a private street.
Answering Jen’s question’s.
It isn’t financable because it was built in March 1976 and has no foundation.
Our first realtor marketed it as a complete dump, so she can get it torn down and have another modular put on for double commission.
Our house is very nice. here is a link
http://annwong.com/Home,_Land,__Sales,_Bishop_CA,_Mammoth,_Eastern,__Sierra,_Housing_homes_for_sale.shtml
and our MLS is 2306118.
and yes it is a manufactured home, triple wide.
Just about a week ago we changed realtors and I’m very confident that they will do an excellent job selling it.
Do banks charge annual fees based on the value of the business loc? If annual fee is a norm then what is a reasonable fee?
We found a property we like, however the commercial rates are very different than residential. The property consists of one two unit and one three unit on the same lot. I was wondering if we could take out a different loan on each dwelling to avoid getting a commercial loan. Both dwellings have the same address.
is there any possible way to finance a 40 unit apartment complex that cost 1.7 million without having the the entire 20% down that is recommended for commercial loan….i have a 780 credit score about 120k and make 100k a year.the apartments have been 95% occupied for last 3 years…..without having to pay over 10% interest
A local rental company is liquidating, and I was curious what the best way to purchase multiple properties at the same time would be. In the past I have always purchased properties on individual mortgages, or multiple on land-contract. Is it possible to get one loan to cover multiple properties for purchase? For refinance? Would this have to be a commercial lender? Thanks for any help.