I can't give you a recommendation to either, but I can address a misconception.Brokerage fees can be paid two ways, from a borrower or from a lender (I guess 3 ways as fees could come from both).It depends on what kind of loan it might be and what type of broker they are.

Two others were borrowers, one with a funny story taking bankruptcy who was talked into having new windows installed in the house, but that's another matter. :)

It would be best to check before you purchase the note.A clause requiring the mortgagor (borrower) to keep hazard insurance in force is probably already in the mortgage and/or the note.

Drew MacDermott and Nicholas Jones the only exception for owner-occupancy of a non-borrower is a spouse, not any other family member.

I do know that once you limit borrowing resources for buyers, prices go down.

Real income for the bottom 90% has been stagnant for forty years, and has declined since 1999.he only way to keep consumption rising when incomes are stagnant is to boost the borrowing power (i.e. collateral and creditworthiness) of households by inflating asset bubbles that create temporary (i.e. phantom) collateral and by lowering interest rates so the stagnant income can support more debt.This is why the Federal Reserve and the other agencies of the Central State have been reduced to blowing serial assets bubbles: there is no other way to keep a consumption-based economy from imploding.But "prosperity" based on serial asset bubbles and near-zero interest rates is neither real nor sustainable: real prosperity is based on rising real incomes, not debt leveraged on phantom collateral.Read More

There's a low amount of inventory and the areas interest rates are remaining steady at around 4.5% for a qualified borrowers.

As a side note, I'm tempted to borrow $30k from a credit card with 3% balance transfer for 15 months, put it in my little daughter's brokerage account, and invest in mortgage REITs.

If you decide to borrow or have a family invest.

The key when talking to the LO is, "have you verified their credit, income and assets" then give the borrowers 7 days for loan approval - the appraisal, so you'll only have the property be tied up for 7 days and keep the MLS listing in "Back Up" vs "Pending"