Mark A. McElhannon
Basic approach to secure financing on an investment property
8 January 2025 | 7 replies
Many banks securitize their loans (bundle them together) and sell the loans to Fannie Mae or Freddie Mac, while continuing to service the loans, that is collect your payment.
John Daniels
DSCR Lenders on Lafayette, LA
21 December 2024 | 8 replies
Hi John, feel free to reach out if you are looking for some additional options on your DSCR loan!
Ben Mardis
Investing Newbie: an intro and preliminary strategy review
16 January 2025 | 7 replies
I'm feeling most drawn to a buy and hold rental investing strategy and like the idea of the BRRRR strategy in tandem with VA loans, basically refinancing VA loan backed mortgages to conventional loans once there is 20% equity in the home.
Audrey X.
Jerry M Feeney - e1031xchange.com, legit?
8 January 2025 | 31 replies
The company was FANTASTIC.
Abdul Hafeez Jamali
Lenders for foreign national investors
12 January 2025 | 17 replies
Just to name a few: Borrower's Experience FICO Loan Amount Loan Type being sought: Perm (30 yr ams), Bridge (12-36mo I/O), Rehab (12-36mo I/O), Ground Up (12-60mo I/O) Property Type (1-4 unit, 5+ MF, Warehouse/industrial, Hospitality etc)If you have a specific deal in mind, then you can have a lender (or broker) look at it and give you a better idea.
Darien Hernandez
Private Lenders: What Returns Do You Expect on 1st Lien Owner-Financed Deals?
16 January 2025 | 5 replies
I just re-read and realized you're talking about getting loans for lien position 2, is that correct?
Treza Edwards
Real Estate Financing DCSR
15 January 2025 | 4 replies
I answered a question yesterday by saying "DSCR loans are like belly buttons...everybody's got one."
Micheal Singleton
St. Louis locals , Looking to Connect as a New Investor
17 January 2025 | 1 reply
From investor friendly agents, lenders, escrow companies, anyone for a new wholesaler and soon investor.
Becca Pariser
Who is responsible for back mortgage after paperwork is signed?
10 January 2025 | 3 replies
I spoke with the title company who is still helping us wrap up the set-up of a servicing company, and she confirmed that they would be responsible for the principal / interest for Nov and Dec, while we are responsible for the escrow shortage balance (as agreed upon).Not sure how it was missed - not my favorite title company to work with.
Sterling Pompey
Investing as a Travel Physical Therapist
9 January 2025 | 2 replies
Sounds like you are getting hit with a lender who has overlays and possibly miscommunication between the loan officer/processor to the underwriter.