09
Jul
Author: admin // Category:
Investing
My firm, a real estate development firm, needs to get a permanent loan (approx. $50 mm) on a retail shopping center that will get built by April 2008. I need to choose between some loan experts (real estate investment banks) and I want to know what to ask them in order to make the best decision.
Some examples of these questions are:
What would be your commission on the loan? I heard it’s usually 1.00%.
How will you staff your services for my need?
I want to know what else to ask.
Thank you for your help.
By: Mario T
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09
Jul
Author: admin // Category:
Mortgages
I want to refinance my mortgage and I want to start a home business before doing so. It would have no employees and I would still keep my current job. My home business will not require any due balances or credit lines to increase my debt. Would mortgage companies see the worry that I would quit my regular job or would they trust that I would maturely handle the mortgage payments? In other words, would I have no problems getting refinanced under these conditions. My credit score is about 650 and I’ve been at my current job for 1 1/2 years but have had steady employment for a long time. I have also paid my mortgage on time for 12 months.
The reason I am asking is because what I will be doing requires a vendor license. Therefore, in my ssn, it would show the business based at my home address.
I am actually looking for a new mortgage loan, not a home equity loan or personal loan and I don’t need to borrow to pay debts.
By: sammusAbout the Author:
Kansieo.com
06
Jul
Author: admin // Category:
Mortgages
I am going through a foreclosure on my first mortgage, what are my options with dealing with the second mortgage? Any legitimate websites with guides for dealing with the aftermath of foreclosure would also be appreciated.
By: Painted JezebelAbout the Author:
Caffeinated Content
03
Jul
Author: admin // Category:
Investing
I wanted to know if townhomes are a good real estate investment. I’ve heard mixed reviews from different sources. For instance, I’ve heard that in a bad market, these types of properties depreciate the most. I also heard that they are harder to resell and get the full value out of them. Does anyone have any experience with this?
By: The Bomb DiggityAbout the Author:
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