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19 October 2024 | 7 replies
Keep in mind conventional Fannie Feddy loans are 12 months now... which sucks.
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23 October 2024 | 18 replies
., loan requirements) which directly affects the amount of capital received from the bank?
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20 October 2024 | 9 replies
Here’s how payments typically break down:- **Principal and Interest**: This is the amount you pay to the seller based on the agreed-upon loan amount (purchase price) and the interest rate.
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20 October 2024 | 2 replies
Does anyone have experience paying down their loans with HELOC or Liquidity Line money?
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20 October 2024 | 3 replies
About getting a loan?
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14 October 2024 | 1 reply
Investment Info:Large multi-family (5+ units) private money loan investment.
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14 October 2024 | 0 replies
Investment Info:Large multi-family (5+ units) private money loan investment.
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21 October 2024 | 5 replies
Hi Guys,in FL,HOA is foreclosing on a house in a week - Lien of 25k.the property also has a 1st position loan (Reverse mortgage) that also just started proceedings with no set date or "Final Judgement" numbers yet.On the details of the 1st reverse mortgage foreclosure, its only mentioned that there is 320k principal balance due.The original note of the 1st was issued 2009, with a total sum of 650k, payble up to 2081 (!!).
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19 October 2024 | 2 replies
@Andrew CosmeYou should close just as if it was a normal sale and get a title company to create the loan docs, get title insurance and sell you the property.I strongly recommend you go through a title company and do not do a closing that was based on docs found online etc.