
13 November 2022 | 26 replies
Sometimes I do a "sandwich L/O" where I keep a seller's existing mortgage in place (one slice of bread) with permission to sublease the property to a tenant buyer (other slice of bread).
27 September 2023 | 85 replies
(iv) while the city is serving the homelessAt the end of the day that's how the money circulates, kind of Tech Socialism in California and Seattle LOL >As for the homeless, the other state export them to the tech city, yes it's kind of strange economy LO I believe the same for San Diego but a study was released saying over 80% (forgot the exact percentage) were in San Diego prior to being homeless.

22 October 2021 | 88 replies
I usually LO the house for small cf, but realize long-term cap gains on a couple home sales per year.

20 July 2015 | 73 replies
From my experience speaking with those who specialize in LO deals, they have explained that this happens, and since there is a good relationship between the investor and realtor, there is mutual understanding.

23 December 2014 | 14 replies
Busy finding deals.Say you are buying the house on a Lease Option and then assigning that LO to a tenant buyer are you still putting the property in a land trust and having the trustee assign their interest to you or is this not necessary when assigning a LO to a tenant buyer?

3 June 2023 | 5 replies
we looked at what a note investor would want on a yeild and lo and behold 30 months zero interest had the same PVM as a 7 year note at 15% interest we killed it with our zero percent program..

25 February 2022 | 11 replies
Visio had a higher rate than LO, and it was the DSCR mortgage I got first.

12 December 2018 | 11 replies
It's not really possible to do accurate solid rate quotes until all paperwork is in-hand and the LO pitches it to the different non-qm investors; each one has a half dozen different mortgage products with their own 100 pages of guidelines... it's not like the Fannie/Freddie stuff where we all have it mostly memorized.And these aren't "subprime," if anything they are actually more time-intensive to close than a vanilla Fannie loan.

27 August 2022 | 1 reply
Here's a good resource on that: https://www.debt.org/credit/lo...I made some changes to what I think is the most important part of this article:The good part of receiving a loan from a friend or family member is that the family member you borrow from likely to be flexible about the amount borrowed and payment arrangements.