The counterclaim states that since the deed in lieu language was part of the loan, the entire loan is invalid.

I am just a guy who tends to give illegal advice, I guess.And finally, folks need to be aware that while many travelers pick the nomadic lifestyle for some of the awesome reasons: travel, excitement, variety, some pick it to try and increase their income to a level where they can earn their way out of terrible financial situations or decision making.

We had been planning to acquire a second home for sometime and finally decided to pull the trigger.

It took a few months to correct it but they finally did.

Hi Ricky, Have you tried looking at a DSCR loan?

You take policy loans.

My plan is to buy the house subject to their existing mortgage, renovate the property, refinance it and pay off their remaining loan balance using the money from the cash out refinance.

After many years of listening to BP/Real Estate Podcasts, reading, and building up my finances, I believe there’s no better time than now to finally jump into the real estate world.

And how are you going to get a 6% loan on it ?

Finally the pro formas that they provide are absurdly basic and neglect at least 25% expenses, so are essentially useless.