
17 April 2024 | 9 replies
Transfer taxes, recordation taxes, lenders title insurance, owners title insurance, closing fees, lender fees, appraisal, survey, deed prep, recording fees, insurance, escrow

17 April 2024 | 7 replies
I would prefer my own Lender that I know well but it's appealing as it would make this cashflow much better.

17 April 2024 | 4 replies
The insurer says that the CC on file keeps getting denied.The borrower is failing to respond to calls/texts/emails/letters regarding the situation.The mortgage that was signed/recorded permits the lender to recover any charges associated with the need to apply this type of insurance policy, but doesn't specify how those charges are to be recoveredIn this example, the annual premium for the FPI that I (Lender) paid is roughly $1000.

17 April 2024 | 5 replies
Jason,What lender does 75% LTV for foreign national DSCR?

17 April 2024 | 4 replies
good afternoon,Does a private/ hard money lender Lend money in a rural area?

17 April 2024 | 7 replies
Otherwise, it's because the lender is quoting a conventional program and the highest rate your lender was able to quote was 7.625% with points.

19 April 2024 | 7 replies
Maybe pay for an appraisal up front or if you are financing, the lender will do one and if it doesn't appraise, you can walk away with no consequences other than your time.

17 April 2024 | 0 replies
I used $16K of my own money and borrowed $14K from a private lender to purchase the note.

17 April 2024 | 9 replies
As a lender, you don't have to deal with the tenants and maintenance, just collect the payment.What are you going to do with the money?

17 April 2024 | 5 replies
The next day, a rep from the lender says they're going to cancel the foreclosure sale and go w/ my sale, which was a bit higher.