Originally posted by @Ben Lindquist:Hello BP Community!

This deal originally was supposed to happen in December 2023 but the seller wanted to wait.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

This is because VA loans are tied to the borrower’s personal ability to repay and require a creditworthiness review.VA Entitlement Consideration: If you’re assuming a VA loan, the original borrower’s VA entitlement may remain tied to the loan unless you’re a veteran eligible to substitute your own entitlement.2.

If you listen to David Greene, he's hearing more and more stories about syndications struggling to keep up with their promises and a lot of investors are losing money, or pouring more money into the syndication to try and save their original money.

Originally posted by @Daria B.

I mention this as I have seen some people want to sue companies because they were a sponsored affiliate on a website…Regarding the original post- expect 10-12% (I think latest I saw is avg is 11.5%) rate plus atleast one point for a 12 month loan.Bigger companies may take longer for approval and can be more flexible usually in down payment amounts.

If an agent brings a client and buys the wholesale deal, their standard contract is the second contract that the original contract is being assigned to.

We were told the secondary market started rejecting the lower priced paper that they were originating and they were forced to raise the rates.  

:Originally posted by @Mary L.

If the information is out of date is there a follow-up book you folks can recommend so I can make up for the gap of this original version?