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13 January 2021 | 7 replies
He is correct that there is a "Pre-Qualification" I require but it has nothing to do with money in the bank.
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13 January 2021 | 5 replies
This period is referred to as the grace period before repayment.(7) Borrower will be given four weeks (a month) grace to payback any outstanding repayments (loan amount) at the end of the loan duration before legal actions will be taken.(8) Failure to make a monthly payment of the loan seven days after the expected date/period, legal actions will be taken against the borrower by our attorney.(9) Address:You must inform us about change of circumstances and must tell us promptly if you change your residential address or zip code, or if you think there is any information that we should be aware of.(10) There is no early repayment penalty attached to this loan.(11) Interest: Interest rate shall be 4% APR irrespective of the loan amount on monthly repayment basis.(12) Repayment: This loan will be granted to you as either an interest+principal monthly repayment loan or as interest only monthly repayment with a final balloon payment of principal at loan closing.
7 April 2021 | 17 replies
You cannot push your way in just to inspect but you can To conduct necessary or agreed upon repairs;To show the unit to mortgagees;To show the unit to workers or contractors;To show the unit to prospective tenants or purchasers; orFor a pre-move out walk-through to evaluate damage at the tenant’s request.
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13 January 2021 | 1 reply
Survey is a toss-up on whether or not it will be required.Is there a pre-payment penalty?
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20 January 2021 | 1 reply
Survey is a toss-up on whether or not it will be required.Is there a pre-payment penalty?
16 January 2021 | 4 replies
@Nick Yego it's a good location for short term rentals, close to ski mountains like Waterville Valley and Loon.
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13 January 2021 | 4 replies
And yes you will need a pre-approval to make an offer (or showing enough cash for those that are going that way).All good questions keep them coming :)Steve
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13 January 2021 | 3 replies
Hi BP,Im curious to ask all you real investors out there:After you made your decision to buy a home, do you first search for the deal, or get a pre-approval letter from a lender?
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15 January 2021 | 1 reply
I put extensive work into it and foresee a nice increase in the value from the initial 380K purchase to a conservative number of 440K I have 335K left on the loan at 4% APR.
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15 January 2021 | 1 reply
A good investor/Realtor will give you recommendations on investor lenders to reach out to in order to get a pre-approval letter.