
6 May 2024 | 7 replies
Most banks have restrictions and a Clause where the mortgage/loan becomes "Due on Sale".The biggest benefit of going from personal to LLC is to protect your assets against a law suit due to an injury or death by someone renting or using the property.

3 May 2024 | 3 replies
I literally think of loan sharks or getting your house or assets taken away from you when I hear it LOL.

6 May 2024 | 12 replies
We have one that offers 10% down and 30-year fixed as a second home loan as well.

5 May 2024 | 3 replies
As to the second one, they and others (not that long ago) used to advertise fixed-rate loans at 2.4% and 3.6% interest rates.

5 May 2024 | 5 replies
They can and often will say 'no' but if you can just get a 'yes' on a single digit fixed rate you're probably better off than any personal or consolidation loan you may get.
6 May 2024 | 62 replies
Due to the appraisal, instead of the standard 20% down on an investment property, I was able to only put down 10% and get a second loan for the additional 10% down payment.

6 May 2024 | 25 replies
But most importantly that don't want to make a bad loan.

5 May 2024 | 1 reply
Can anyone recommend a good property management software solution that tracks seller financed loans (i.e. properties that we have sold with seller financing), along with tracking the rentals?

6 May 2024 | 16 replies
Will the mentor co-sign the loans?

5 May 2024 | 3 replies
Here’s what I mean:When you file your tax returns there are certain deductions that can be added BACK to your income to help you qualify for a Fannie/Freddie type of loan.