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20 July 2018 | 8 replies
really depends on the asset class and price.. each is differenta broker bringing us bank OREO in the low value asset areas just gives us an addresswhen I am doing 500 to 2 mil spec homes that broker does much much more.
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21 July 2018 | 7 replies
Banks will count your schooling as years of work, so despite the lack of long term job expirience it won’t affect you.
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16 July 2018 | 2 replies
Is there a "special"way to price out rent for an in-law suite attached to our home?
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16 July 2018 | 2 replies
We had someone send us a deal with the wrong pictures attached to the email (of a much nicer house).
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3 October 2018 | 13 replies
As far as timing, they were quick to get the LLC set-up (under two business days), then it was on me to get funds transferred from my 401K and get my LLC bank account set up.
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3 October 2018 | 5 replies
I learned that in order to use the VA home loan for a multi-unit property you need to have 6 months of mortgage reserves in the bank.
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22 September 2018 | 28 replies
I went with a local bank and they actually don’t have a seasoning period, which is the main reason I chose them.
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30 July 2018 | 58 replies
I've never bid an estate auction before, in a situation where there's really no floor (i.e. the bank is going to bid what they're owed), so I'm not really sure what should be the way to go about this - and I personally have a lot riding on being the winning bidder.I'm open to hear anything and everything.
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21 July 2018 | 6 replies
If you have patience and can qualify, there are some banks that have rehab programs for flippers.
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29 July 2018 | 5 replies
Yes, there are instances where a loan may be assumed but I am unaware of any change that allows us to use our benefit for an investment property.If you are on active duty the UCMJ is going to be much more harsh that the typical slap on the wrist civilians get for what is essentially bank fraud.