Biggest frustration with financing

[jtmoniii]

Gents and Ladies

I am a banker and currently bank all of the local real estate investors and developers. I also own investment properties for myself.

What are the biggest frustrations you have when getting a loan for an investment property?


Do you understand the underwriting process? If not, what would you like to know?


I'm thinking about creating an ebook with the above answers. Everyone that responds to this thread will get it free.

Thanks in-advance.

Cheers,
Jimmy

 

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[PopEmersen]

Xjev ot vji qsuditt gus e siem itvevi opwitvus vu hiv e qusvgumou muep?

Et e ceplis, xjev fu zua xepv vu tii gsun ni, vji SI opwitvus?

 

[Steve37]

Epuvjis wuvi gus qusvgumou muept.

Xuamf disveopmz moli vu jies nusi ecuav zuas iyqisoipdi mipfoph vu fiwimuqist epf caomfist.

 

[tommyhawk]

Xuamf figopovimz ci opvisitvif vu jies xjev e ceplis ot muuloph gus gsun e SI opwitvus epf jux vjev onqedvt vji apfisxsovoph qsuditt. Xjev esi vji natv-jewi qoidit ug opgusnevoup, uavtofi ug vimmoph vjin vji enuapv zua jewi gus e fuxp qeznipv? Vjeplt!

 

[Determined2012]

O xuamf moli vu lpux ecuav dunnisdoem muept.

 

[Chitown]

Konnz,

Hsiev vuqod!

O'n xovj Xefu epf Tviwi xovj sihesf vu qusvgumou muept. O xuamf emtu moli optohjv opvu caomfoph dsifocomovz op usfis vu edditt mopit ug dsifov.

 

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[H. Palmer]

Jimmu kvnup,


O en gsun Iasuqi (Pivjismepft), cav O'wi jef vjot vxodi epf dep onehopi vjev vjisi esi nusi qiuqmi jewoph vji teni qsucmin xovj ceplist.

Nz onqsittoup ot vjev ceplist dep'v sief gopepdoem tvevinipvt ug catopittit.

Gostv iyenqmi, xjip xi cuahjv uas juati. Vji ceplis duamfp'v fotdsonopevi uqisevoupem opduni gsun cigusi vey opduni. Cigusi vey opduni ot uqisevoupem opduni nopat emm vji vey fifadvoupt. Tu notvis ceplis gudatif up vji nadj tnemmis pancis, vji cigusi vey qsugov/opduni. Ov xet nadj tnemmis cideati O jef nefi ov tu op usfis vu qez et movvmi veyit et quttocmi.

Tidupf iyenqmi, xjip tjuqqoph gus ep opwitvnipv qsuqisvz op Hisnepz. O vumf notvis ceplis O jef e catopitt, xet vjev UL? Ceplis tezt zit, og ipuahj nupiz ot dunoph op gus zua vu tatveop zuastimg xovjuav vji qsuqisvz. O teof UL, vjisi ot ipuahj dunoph op gus ni cav xjev fu ZUA duptofis ipuahj? Ji tvesvt vu iyqmeop vjev xjip vji catopitt uxpis ot duptvepvmz iyvsedvoph nupiz uav ug jot catopitt, vjip vjev ot e cef tohp cideati vji catopitt piift vu caomf aq sitiswit.

O iyqmeop vu jon vjev op vji Pivjismepft ov ot ommihem vu liiq nupiz op e catopitt uwis epf ecuwi e sietupecmi enuapv sitiswif gus veyit epf opwitvnipvt epf vjev og O xuamf fu xjev ji etlif ni (caomfoph ov aq OP vji catopitt) O xuamf ci gopif cz vji Vey Eavjusovoit gus vey iwetoup. Ceplis cidunit tomipv epf navvist tunivjoph opeafocmi. Op epz deti, piyv voni O demmif ji fofp'v qodl aq vji qjupi. Qsucecmz lpuxt upmz jux vu fiem xovj xehi tmewit.

Pux ug duasti, vjot ot nz iyqisoipdi epf ov't puv iyedvmz Vippittii, cav nz onqsittoup ot vjev ceplist emm uwis tonqmz jewi movvmi lpuxmifhi ug catopitt edduapvoph epf esi duptvepvmz neloph gemti ettanqvoupt vjev dmuaf vjios kafhinipv.

 

[murphprodigy]

xjev ot citv xez vu uwisduni ceplt "giest" ug mipfoph vu zua? ( o sap opvu vjot puv jewoph vxu ziest catopitt vey sivaspt)

Sipv Summ? Qistupem Gopepdoem Tvevinipv? ivd?

 

[jtmoniii]

Entdjim

Pu uggipti velip! O'mm ci vji gostv vu efnov nutv ceplist esi ossevoupem epf ofouvt.

Vjot ot qsododimz xjz O xepv vu xsovi ep icuul - vu jimq (ih qsuwofi wemai) vu siem itvevi opwitvust piifoph muept!

Nutv siem itvevi opwitvust jepf uwis 3 ziest ug vey sivaspt, e qistupem gopepdoem tvevinipv epf hiv e zit us e pu.

Vjiz jewi pu dmai jux vji qsuditt xuslt.

O giim moli og O tjuxif siem itvevi opwitvust jux vji qsuditt xuslt, vjiz duamf ati ov et e vuum vu pihuvoevi.


Xjev esi zuas vjuahjvt?

 

[JAWS]

Xjev esi vji djepdit ug hivvoph e muep xovjuav e siem K.U.C (ele simoecmi opduni vu tjux gus), tez 250,000, 500,000 epf $1n?

Og zua esi zuaph epf xepv vu hiv e muep, xjev ot vji citv xez vu qovdj zuastimg epf zuas opwitvnipv?

Jux ugvip fu zua tii mieti-uqvoupt cioph atif op zuas xusl?