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30 August 2019 | 6 replies
In your post you say that Trump assumed the loan when he bought the property but mention in your next sentence that the bank didn't know about it.This means that Trump bought the house "subject to" the existing deed of trust without the bank's permission.When a person "assumes" a loan, they are getting permission from the lender to step into the borrower's shoes to take over the loan.
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30 August 2019 | 5 replies
I'm curious how others handle this circumstance or if there's a network that already exist.
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19 January 2016 | 20 replies
New builds - existing lots - in less than 1-week.4.
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17 February 2016 | 15 replies
You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.Bigger Pockets has various resources: ebooks, blogs, forums, podcasts, webinars, colleagues, keyword alerts, an awards system, a learn section, informative people in many fields of real estate, and more.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.
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21 November 2015 | 1 reply
I certainly did not, and neither did the mortgage lender who pre-qualified me.After closing on the HELOC this week, I was reading through the docs last night and stumbled upon the Occupancy clause :"Borrower shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's control"So I'm not sure what to do.
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20 November 2015 | 0 replies
Steve & I are working on several existing production oil deals.
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13 December 2015 | 16 replies
@Nicholas Lohr I'm not sure that this type of data exists, although I could be wrong.
5 January 2017 | 22 replies
There exists a significant problem in district court procedures that we must all be concerned with.
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23 November 2015 | 6 replies
don't let that entrepreneur mindset forge bank statements saying that you are a cash buyer and have $100K available balance with Citibank (while in reality neither the balance nor the account number does not exist) I receive 2,3 offers daily from "wholesalers" who think they know what they are doing. you too pretty for jail...
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21 November 2015 | 5 replies
That has been the case for the entirety of it's existence.