AJ Satcher
How Does Subject To Financing Work?
26 April 2024 | 3 replies
It's crucial to note that this does not mean the buyer assumes the loan; the original loan terms and obligations remain with the seller, which includes the debt remaining in their name.The bank's involvement is minimal in the sense that the loan is not officially transferred.
Michael Plaks
EXPLAINED: 1098s and 1099s for private lenders
26 April 2024 | 4 replies
The loan is issued to an individual or a disregarded single-member LLC, as opposed to loans issued to partnerships or corporations. 3.
Jade Smith
Unlicensed “property finder” charging tenants one month’s rent?
25 April 2024 | 11 replies
Code § 10131A real estate broker within the meaning of this part is a person who, for a compensation or in expectation of a compensation, regardless of the form or time of payment, does or negotiates to do one or more of the following acts for another or others:… (b) Leases or rents or offers to lease or rent, or places for rent, or solicits listings of places for rent, or solicits for prospective tenants, or negotiates the sale, purchase, or exchanges of leases on real property, or on a business opportunity, or collects rents from real property, or improvements thereon, or from business opportunities.
Nathan Myers
Thoughts On Clayton Morris
26 April 2024 | 23 replies
I am wondering if his company has improved and if it is legit.
Jatin Shetty
Anyone used OneBrokerage?
26 April 2024 | 7 replies
My loan was processed smoothly and quickly.
Gerald Demers
Lend from your ROTH, loan in default, can you pay it back?
24 April 2024 | 2 replies
You create a loan from your Roth IRA for say 20,000.
Summer Dechanukul
I did a mistake by 100% trust the realtor and end up with a nightmare
30 April 2024 | 101 replies
The purchases price was $165k I spent on the closing date for $47k I spent for improvement, mortgage and etc around $60k until nowAdditional spend roughly $30k and not sure about the building inspection.I'm not sure about the foundation of this house if the building inspection what else needs to be fixI'll hire the inspector to inspect the house and let the contractor estimate the cost and see what decision I should make.Thank you so much for your advice.
Henry Clark
Self storage- Financial Lending update 09 2023
26 April 2024 | 2 replies
They aren’t calling any loans yet.2.
Tamara Cardello
HELOC slap on the wrist
26 April 2024 | 5 replies
(this was after we had closed on the property) This was a bank commercial loan.
Tom Hall
why closing cost is so high?
26 April 2024 | 2 replies
Soon closing on a property property cost $458k and the closing cost is really high we are doing FHA mortgage they are charging 2% of the loan plus application fee and mortgage insurance on closing for the amount of $7k and plus monthly mortgage insurance... in 2020 there was not just a thing 2% of the loan on mortgage origination loan fee!