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10 January 2018 | 16 replies
The borrower must also: Provide satisfactory evidence of the increase in dependents and the property’s failure to meet the family’s needs.Pay down the outstanding mortgage balance on the present property to a 75% or less loan to value ratio, exclusive of any financed mortgage insurance premium.Vacating a jointly owned property: If the borrower is vacating a residence that will remain occupied by a co-borrower, the borrower is permitted to obtain another owner occupied mortgage.
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15 January 2018 | 4 replies
Business Line of credit requested : $100k before the open of Residential escrow No Document - Personal Guaranteed - business Funding.INCOME(buyer) Christopher - $65,000/yr - 3+ year same field(co buyer) Joshua - $30,000/yr - 3+ year same field (Spouse of buyer) Magnolia - No incomeCURRENT CREDIT SCORES ON 1-7-18 Tr Eq Ex(buyer) Christopher - 680 / 740 / 721 -1 Equifax collection(co buyer) Joshua - 657 / 656 / 619-3 collectons(Spouse of buyer) Magnolia - 670 / 693 / 670 - no collectionsFUTURE CREDIT SCORES ON 2-6-18 Tr Eq Ex(buyer) Christopher - 778 / 750 / 738 -no equifax collections(co buyer) Joshua - 644 / 660 / 688-3 collectons(Spouse of buyer) Magnolia - 719 / 736 / 723 - no collectionsDEBT(buyer) Christopher : -$1300/mo(co buyer) Joshua : -$50/mo(Spouse of buyer) Magnolia : -$0/moTAXES(buyer) Christopher - joint married 2 dependants / 1099 / w-2(co buyer) Joshua - single w-2(Spouse of buyer) Magnolia - joint married ===============================================================Articles included Below in Drop Box: $%^&* i will provide articles after contacting each lender.
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9 January 2018 | 12 replies
Genuinely find out if you can help them.Definitely learn the legal side of raising capital.
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15 January 2018 | 5 replies
I genuinely want to find people I get along with/like and can help, because then everything will work much better and be much more fulfilling in the end I believe.
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12 January 2018 | 4 replies
Unless there was a joint tenancy (or a trust or life estate) the probate process will be required.
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2 August 2018 | 5 replies
What we want to avoid is having a legal issue with one of our individually owned ventures that a judge or lawyer could tie in to our jointly owned property.Is this even possible and if so how would it be done?
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15 January 2018 | 7 replies
If you file married filing jointly, you may as well combine both incomes and debt.
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12 January 2018 | 15 replies
It's best to put silicone bead at the floor/wall joint before you apply the shoe or instead of the shoe, though.
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18 January 2018 | 2 replies
Hello,Any tips on creating a Joint Venture with a wholesaler to connect them with a buyer from my lists?
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14 January 2018 | 4 replies
I found a Joint Venture investor in each of the places I invest.