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10 June 2024 | 5 replies
Short of that, he transferred the property in violation of the promissory not so, the lender could accelerate the loan and declare the full balance due and payable.If your grandfather and notary didn't sign the quitclaim, you don't have one so, umm...have them sign it and record it.
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6 June 2024 | 7 replies
Just found out that assumable loans are a thing for VA loans.
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10 June 2024 | 35 replies
This could provide funds for an EMD without needing a personal loan.Bridge loans - While not specifically for EMD, bridge loans are a short-term financing option that can help fund a purchase before you have access to longer-term financing or funds from selling another property4.
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6 June 2024 | 4 replies
The lease agreement clearly states that the "Security Deposit", and not "Damage Deposit", does not have to be returned to the tenant if all the terms of the agreement are not met.
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9 June 2024 | 18 replies
Fees on DSCR loans always depend on closing date and loan amount.
10 June 2024 | 7 replies
Be prepared to document where that cash came from - in your case, that's easy, your HELOC.Would be happy to help you with that sort of transaction if you want to reach out - I find a lot loan officers are unfamiliar that this option even exists.
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10 June 2024 | 19 replies
I would hate to lose the lower rate loan and not be thrilled to give up the prop 13 savings.
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10 June 2024 | 5 replies
To find a triplex or bigger property, look at loans that count your rental income, like portfolio loans and DSCR loans.
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10 June 2024 | 30 replies
Check out local areas and homes, meet with pros, and look into financing like regular loans or FHA loans.
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10 June 2024 | 9 replies
I typically acted as a loan wolf, meaning I am not a big conference guy, but when I went to one of my first note conferences I was shocked.