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24 January 2009 | 11 replies
My other solution that I thought of was having the end buyer deposit his 20% down payment in an escrow account, then closing on my purchase, having him obtain a non-conforming loan that doesn't require seasoning, and closing in my sale to end buyer 30 days later.
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13 February 2009 | 10 replies
I can pull non-owner occupied lists from my title company....is that the same thing?
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28 January 2009 | 10 replies
To find investors with cash:Call all rentals in your area.Get a list of non owner occupied owners that have bought homes within the last 12 months and mail themBandit Signs CHEAP HOME DEALS XXX-XXXXNetwork.
3 December 2008 | 5 replies
No, that's the right question...unfortunately, the answer is ZERO and NONE as far as your chances.There are NO non-owner occupant cash out loans (except for hard money) that a lender will not look at your credit and income.And there probably won't ever be again.Best to build up your credit (not that hard if you have none) and find someone to partner with.No credit is better than bad credit, and by finding a partner as co-owner (should be a blood relative), you can buy a home with just 3% down FHA, as an owner occupant.Don't ever, EVER, EVER, pay ALL CASH for a property unless you plan to flip it FAST !!!
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26 October 2008 | 0 replies
The LLC that you refer to defaults to partnership treatment since there are multiple members, so the taxpayer that wants the credit is not the owner, the partnership is.
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13 November 2009 | 17 replies
Generally, it will take two full years of established credit before your company will be able to obtain non-guaranteed loans.
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1 November 2008 | 4 replies
No one ever takes the time to consider that maybe you had some medical bills, tried to keep things going but lost your job and just couldn't pull out of the spiral.
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4 October 2010 | 26 replies
Title seasoning issues are non existent with his various programs.But I have to say that the best thing about Bill Koerner is that his service to his consultants is unprecedented.
4 November 2008 | 84 replies
I believe it will be packed with the local McCain voters seeking mouse entertainment as a form of self medication to deal with the reality that we're going to be socialists for the next 8 years.
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9 December 2009 | 14 replies
Tim,We have been looking for the same and finding funding for those small amounts is hard enough as a citizen, let alone a non-citizen.