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8 January 2025 | 14 replies
I started my career as a commercial banker a long time ago, but have been an independent mortgage broker for nearly a decade.
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15 January 2025 | 1 reply
.: Self-proclaimed “Short Sale Queen” and associates indicted in federal mortgage fraud schemeTuesday, December 3, 2024For Immediate ReleaseU.S.
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4 February 2025 | 2 replies
Landlords can easily do it without a mortgage but they are taking a huge risk.
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25 January 2025 | 12 replies
No fees = higher rates.
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3 February 2025 | 3 replies
However, I had to subordinate the sellers note to 2nd position (hint: set up that language in advance to streamline the process, if that's the direction you're going to go).Since the ARV was high enough, and the potential income would support the mortgage and expenses, it all worked out.
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31 January 2025 | 17 replies
If you aren’t saving the money up to buy another property chances are nothing will pay a higher rate than paying it towards your mortgage.
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21 January 2025 | 6 replies
Are you saying I need to take a second mortgage on the rental?
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28 January 2025 | 6 replies
Congrats on your success so far.Some random thoughts for you:- It might be difficult to tap the equity in the rental at this time given the current state of interest rates.
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24 January 2025 | 12 replies
@Kayla Elliott Hi Kayla - this was a commercial mortgage loan with a local bank, that held it "in house" after it was issued.
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3 February 2025 | 26 replies
Maybe get 0.5% but your rate is going to be a lot higher.