
10 October 2016 | 6 replies
There are many ways to pay PMI:- LPMI - lender paid MI which is a fancy term for taking a bit higher rate to absorb the cost of monthly MI for the life of the mortgage, depending on your credit score it may take .125%- .50% more in rate to absorb your entire premium for the life of your loan- BPMI single premium- similar to the above it eliminates the monthly MI premium for the life of the loan but BP part of BPMI stands for "borrower paid," so as you might have guessed the borrower pays this premium in a cash sum at closing either from their own funds or seller concessions they've negotiated from a seller or a gift from their giftors -BPMI monthly or split premium - MI can also be paid as monthly MI which is the stereotypical way to pay MI and it can also be paid as a split premium or hybrid whereby the borrower pays a good chunk upfront to have a greatly reduced monthly MI payment.Most people take LPMI and absorb it through the rate via LPMI to eliminate MI for the life of the loan.

8 October 2016 | 8 replies
There is nothing wrong with sharing the profits via a joint venture.

5 December 2019 | 5 replies
When selling a property via owner financing are there any terms beyond the obvious (price, term, interest rate, late charges, ect... ) that I should have my attorney build in to the contract?

12 October 2016 | 15 replies
insists on selling via quit claim deed?

12 October 2016 | 34 replies
I look up the old addresses they sold and contact the owners for a real review via Facebook or LinkedIn.So far I haven't been able to independently identify a happy turnkey customer.

21 October 2016 | 6 replies
If you need your land surveyed (boundaries marked), I can recommend good land surveyors local to you as well.

21 October 2016 | 17 replies
The company that manages all HUD properties (CWIS LLC) determined that the property was in too bad shape to sell via Hudhomestore.com and the property was supposed to go back to Wells Fargo.

8 October 2016 | 5 replies
I am looking forward to contributing to the forums, especially topics including: financial analysis and underwriting (a class I teach at UCLA), leasing commercial properties, and flipping v. renting (via my former position at American Homes 4 Rent).

3 August 2016 | 2 replies
Fantastic, I will definitely get in touch with him via your reference.

4 August 2016 | 3 replies
That discount as well as the vintage of the loans insulates the fund, in a sense, from fluctuation in market rates rising and falling.There is a correlation to investor desired returns and prevailing market interest rates and returns however in general the closer you are to market returns via market interest the more sensitive the investment would be to rate movement.