Giles D.
Syndication deals gone sour and the GP is now radio silent! What can I do?
28 June 2024 | 100 replies
The OP has options up to and including contacting financial attorneys and instruments regulators such as the SEC.
John Wallace
Current DSCR rates? Who's got the best program?
24 June 2024 | 8 replies
This means they are bundled together and turned into bonds, financial instruments that pay out interest (yield) to investors looking for a steady, fixed return.
Scott Eranio
Looking for advice on planned move
22 June 2024 | 8 replies
You mentioned the semiconductor chip factories in Sherman and Denison (suburbs of Dallas), and I'm assuming you're referring to Texas Instruments building out and renovating new semiconductor fabrication factories, which is absolutely true.
Theo Naqvi
Newbie Question: Mortgage Note Investing in the UK - Is it possible?
19 June 2024 | 5 replies
Is this market accessible for the average investor in the UK, or is it exclusively banks and hedge funds who buy/sell these sorts of instruments?
J Zhang
Fannie Mae Condo mortgage rules
17 June 2024 | 6 replies
A property that looks like a townhouse coupe be any of these 3.
Gary Neely
Seller Financing Contract
19 June 2024 | 12 replies
From there while you are in escrow you'll need to have an attorney draft the promissory note and mortgage instrument.
Daniel Colon
Lender won't let me move the property to my LLC
19 June 2024 | 32 replies
Both FNMA and FHLMC permit this, under the following circumstances: Notes: For all such transfers affecting mortgage loans purchased or securitized by Fannie Mae on or after June 1, 2016, the transferee is not required to occupy the propertya limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.Citation: D1-4.1-02: Allowable Exemptions Due to the Type of Transfer (04/13/2022)Now, you will still have the Note and reporting in your name individually and will still be personally responsible for the mortgage and most likely, the manner of transfer will enable any litigant to pierce the veil of your LLC, but you'll have what you wanted, for whatever reason.
Robin Simon
What Are Current DSCR Loan Rates? Key Market Movers and How to Track Rates
18 June 2024 | 0 replies
This means they are bundled together and turned into bonds, financial instruments that pay out interest (yield) to investors looking for a steady, fixed return.
Patrick K.
regarding subject to financing.
19 June 2024 | 42 replies
The likelihood of all of these occurring is low in a typical subject-to transaction. its why way back in our day we did these with wraps CA has a debt instrument called an All inclusive Deed of Trust it wraps the orginal mortgage it is a second in function my dad had a company called CA wrap back in the day and did hundreds of them.. its de ja vu all over again.. he did this during the Carter interest rate spikes just like sub too is now coming to light in a big way because of interest rate spikes..
Leslie Sholty
Legal Descritption Title Help!!!!!
13 June 2024 | 2 replies
The person who owned it before me filed an affidavit of correction for a mortgage he had on the property and referenced an instrument number that had the wrong legal description.