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28 January 2025 | 7 replies
Not to mention the notario, the bank trust, and other hoops to own in a beachfront community outside the United States.
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24 January 2025 | 2 replies
These qualities are far more valuable than the numbers in your bank account.7.Set clear goals.
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7 February 2025 | 11 replies
There are still some docs required (ID, bank statements, copies of leases, copy of insurance, etc.), but it's WAY less document intensive than a conventional loan.
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26 January 2025 | 33 replies
Are LPs entitled to see foreclosure, bank loan related docs?
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12 January 2025 | 185 replies
Banks had no reason to call notes due.
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27 January 2025 | 4 replies
It is the interest rates at which banks lend to each other and is short for Secured Overnight Financing Rate.
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15 January 2025 | 6 replies
I’ve done some research and have found that some banks will allow the seller finance portion from the seller to go towards the down payment of the loan, is that true?
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14 January 2025 | 6 replies
I bout one in 2019 and it has turned into a gem for me, but at the time, it would not have been 1.25 1.25x is a very common DSCR for a bank.
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22 January 2025 | 0 replies
Unlike banks, which offer limited loan options, brokers have access to a wide network of lenders, including niche and non-traditional financing sources.Here’s what they do:Assess your financial situation to determine your borrowing power.Compare multiple loan products to find the most favorable terms.Negotiate rates and terms with lenders on your behalf.Guide you through the application process, ensuring you meet all requirements.Example: Suppose you have a lower credit score or unconventional income sources.
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15 January 2025 | 9 replies
Of course the OP received the funds but the point I would argue is that if the OP received in Jan and not Dec in his bank account.