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24 April 2024 | 4 replies
A lender?
23 April 2024 | 2 replies
Best is to google contractors with great reviews and get 3 quotes
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25 April 2024 | 18 replies
Don't pay your mortgage, lender will likely take your house.So I expect while there is a lot of talk about tax sales, in the end they have to continue.
24 April 2024 | 5 replies
Asking is $200K, my relative (buyer) looking to put 20% down.He is pre-approved for the amount, lender has prepared both a conventional loan and a mass housing loan option for first time buyers.Would be purchasing as an owner occupied "primary residence", rates are decent under both options.Condo is currently rented, tenant lease expires the end of August - roughly 4 months.Lender says both loan programs require buyer to occupy the unit within 60 days, to qualify for first time buyer deals.Is there a way to get them to extend this to 120 days (4 months) until the tenant lease is up?
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24 April 2024 | 11 replies
My lender packaged and sold my mortgage, and when I called the new servicer to inquire about a HELOC/ Home Equity Loan they told me I wasn't eligible because of my short ownership duration.I am planning to pay for most of the improvements with cash I have on hand from my W2 job, but I want to get something set up in case of an emergency repair/ use towards other investment opportunities.
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23 April 2024 | 3 replies
We are looking for someone that will help get us 5 star reviews and timely.
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24 April 2024 | 7 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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24 April 2024 | 18 replies
The good thing about househacking a legal multifamily unit is that lender allows you to use the vacated units of 75% market rent as an income to offset the potential current mortgage.
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24 April 2024 | 8 replies
You can probably pay a visit and search the files for the lender name.
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24 April 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?