
18 June 2024 | 0 replies
This means mortgage lenders will generally move their mortgage rates up and down based on corresponding movements in the Treasury bond market.

17 June 2024 | 7 replies
If you do, keep in mind that selling, without paying off the mortgage, violates the due on sale clause.That means if your lender finds out, they can make you pay the remaining amount of your loan if they want to or they can take you to foreclosure.

17 June 2024 | 9 replies
Your mortgage lender may require you to occupy within a shorter time frame, which may be legal justification for giving a shorter notice.
17 June 2024 | 0 replies
SBA lenders are confident the deal is lendable, but SBA rates at prime plus 2.5% are high, and I don't want to risk default.

18 June 2024 | 14 replies
Ultimately, my goal is to wait for rates to move down and lenders to allow HELCOs on investment properties with a fixed rate.

13 June 2024 | 4 replies
Hi,I did a private lending, term was 1 year. there was a clause that borrowed can extend loan (if lender is ready) for 2 times, each time for 3 months. but borrower has to pay 1 point for each extension(3months). so extension can be done total 6 months.Now, after 1 year, borrower keep paying interest .3 years went like that.Now Borrower wants to pay off. in such case what should be Loan extension point added.Thanks

17 June 2024 | 8 replies
Personally prefer SFR..Not sure about DFW but do have a realtor reference for you..be sure to budget for furniture and furnishings if not sold turn-key..a seller concession is a great way to preserve capital for MTR or STR's..check in with @Joseph Chiofalo for an investor friendly lender..he's excellent at helping structure loan programs for investments.

16 June 2024 | 8 replies
I have spoken to a few lenders since the post and found a few who don't seem to care, or even ask if the work is permitted.

22 June 2024 | 129 replies
Nobody has a pool in their homes so #1 it is an anomaly #2 guests can enjoy the pool year round#3 kids don't care how small it is#4 there are adults who want to enjoy a heated pool, but feel self conscious in a bathing suit in front of others at a resort pool, now they have a private pool they can use with their family and not have that issue.

14 June 2024 | 1 reply
What is your favorite/most excellent Loan Servicing Software to run your private lending business?