Malcom's response is not correct.A cash out refinance does not necessarily mean you are getting a higher rate.A cash out refinance means you are getting a brand new loan on your property, with a loan amount higher than you owe on the existing outstanding liens on the property.EXAMPLE: You currently have a loan of $230,000 on your property.

A few that I think of instantly are: - Why is it vacant/Are there soil issues/Is there anything hazardous about the property itself/how long would rehab take and the property starts to produce income, are there large outstanding liens/easements on the property? 

Hi,I might be interested in buying foreclosure in near community. the thing is that I can get title search done prior to buying that.however, I possibly know that previous owner has 1/2 year of his dues outstanding.HOA is not willing to give that info due to privacy or legal reason.1) how to find out what's outstanding as far as HOA goes?

Total outstanding mortgage balances: $498,000I approached my lender (Local credit union) looking to refinance all the mortgages into one large one and create a line of credit with the equity in the properties so that I have money avail for "Cash" offers.I'm looking for red flags, points for renegotiation, and any advice would be appreciated.Here is the unofficial offer from my bank:Loan 1:Loan amount: up to $525,000 including all closing costs not to exceed 75% of appraised valueRate: 4.35% fixed for 60 months, then to adjust to 350 b.p. over the 5 year UST Constant with a floor of 5.38% & no ceiling.Term: 120 monthsAmortization: 240 monthsOrigination: 0.5%Loan 2:Business Line of Credit: $100,000 not to exceed 75% of appraised valueTerm 24 monthsRate 5.50% fixedI'm not a financial guy, but I'm not really happy with: no ceiling, 0.5% origination, and 24 month term on the second loan.The biggest problem is that they are going by purchase price.

Multi-Family Property Class C: Properties that provide functional housing; exhibit some level of deferred maintenance; command below-average rental rates; usually located in less desirable areas; generally managed by smaller, local property management companies; and tenants provide a lessstable income stream to property owners than Class A and B tenants.Negative Amortization: This occurs when interest accrued during a payment period is greater that the scheduled payment, and the excess amount is added to the outstanding loan balance.

The sale went for more than the outstanding mortgage - the lender reduce the price to equal the defaulting balance.Try that - glad to chat with you anytime.Auctioneer

There can be one item that will take 5 minutes to fix, and we will gladly leave the final payment (which can be in excess of $20,000) outstanding until it has been remedied.What I emphasize to all of our potential clients is that the client/contractor relationship is very intimate.

AirBnB actually took my side about my guest wanting to cancel due to there not being AC because my listing was posted accurately.Now the question is, do I get AC units across my whole fleet, or just wait until the next hot season since it's fall now...

It is still outstanding and is now the 9th.

Hello BP, I am a new agent at Keller Williams in Michigan and the training is outstanding but, I still am a little hesitant because I am 19 with a baby face and I'm scared that I wont get taken seriously.