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Results (10,000+)
Ben Daniel multifamily / commercial loans terms
26 May 2021 | 11 replies
If you're going to use an LLC, you'll need the EIN letter, W9, certificate of good standing, articles of formation and the operating agreement. 
Matt Wells Does using a portfolio line of credit affect DTI ratio?
27 May 2021 | 9 replies
If you have any doubts....here's the exact verbiage from Fannie Mae:B3-4.3-15, Borrowed Funds Secured by an Asset IntroductionThis topic contains information on borrowed funds secured by an asset, including:• Borrowed Funds Secured by an Asset• Secured Loans as Debt• Reducing the Asset by the Amount Borrowed• Documentation RequirementsBorrowed Funds Secured by an AssetBorrowed funds secured by an asset are an acceptable source of funds for the down payment, closing costs, and reserves, since borrowed funds secured by an asset represent a return of equity.Assets that may be used to secure funds include automobiles, artwork, collectibles, real estate, or financial assets, such as savings accounts, certificates of deposit, stocks, bonds, and 401(k) accounts.Secured Loans as DebtWhen qualifying the borrower, the lender must consider monthly payments for secured loans as a debt.If a secured loan does not require monthly payments, the lender must calculate an equivalent amount and consider that amount as a recurring debt.When loans are secured by the borrower’s financial assets, monthly payments for the loan do not have to be considered as long-term debt.Reducing the Asset by the Amount BorrowedIf the borrower uses the same financial asset as part of his or her financial reserves, the lender must reduce the value of the asset by the amount of proceeds and related fees for the secured loan.Documentation RequirementsThe lender must document the following:• the terms of the secured loan,• evidence that the party providing the secured loan is not a party to the sale, and• evidence that the funds have been transferred to the borrower
Boyi Gao How to manage too many applicants -Zillow Rental Manager
26 May 2021 | 6 replies
I got a certificate online.I just started a new job at Taco Bell...Can I fill out the application today and then pay the $30 application fee when I get paid next Friday?
Mike Theodore How do i get an old house to good condition?
25 May 2021 | 2 replies
Internachi is one home inspectors certification service you might look for to find one.
Stephen Foote Should I use my VA home loan to invest while living at home?
31 May 2021 | 17 replies
Based on your COE (Certificate of Eligibility) you could qualify for basic plus bonus and that could be the ‘dream home' consideration (again, if there's a chance to move from in-laws yet to come) and speaking of for first time VA loan usage.2.)
Abbie Gibson Confusing Contractors... help!
1 June 2021 | 4 replies
Regarding the contractors, get their "Certificate of Insurance" to show that they have coverage and check it again before they start the work. 
Claudia Brown TAX Sale property can it sell back to the owner?
1 June 2021 | 10 replies
At least in NJ and I think its similar around the country, there is a 2yr Redemption Period whereupon the owner can "redeem" the tax certificate by paying the holder, i.e. the person who bought the 'tax sale' (I forgot the technical name), the required principal and interest. 
Zack Kosenka Co-worker Is Stressed OUT and Wants to Sell House
31 May 2021 | 6 replies
I had the seller sign and produce the death certificate.
Linda Liu Difficult seller and agent
21 December 2021 | 3 replies
I also requested additional documents like estoppel certificate, mold remediation that the seller isn’t able to produce.
James O. Coker II House Hacking with the VA Loan
30 December 2021 | 6 replies
I bought a turn key 2 unit with a regular VA loan and with an awesome realtor and lender this process was very easy assuming you've already received your Certificate of Eligibility. 2.