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18 March 2024 | 17 replies
I am inclined to sell because I feel like I'm sitting on cash and I do not like the idea of taking out a HELOC or other loans to continue my investing journey (I got debt free in 2022 except for the mortgage).
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18 March 2024 | 10 replies
Feel free to use me as a resource for any loan-related questions.
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15 March 2024 | 5 replies
(i) The term "Insured" also includes(A) successors to the Title of the Insured by operation of law as distinguished from purchase, including heirs,devisees, survivors, personal representatives, or next of kin;(B) successors to an Insured by dissolution, merger, consolidation, distribution, or reorganization;(C) successors to an Insured by its conversion to another kind of Entity;(D) a grantee of an Insured under a deed delivered without payment of actual valuable considerationconveying the Title(1) if the stock, shares, memberships, or other equity interests of the grantee are wholly-owned by thenamed Insured,(2) if the grantee wholly owns the named Insured,(3) if the grantee is wholly-owned by an affiliated Entity of the named Insured, provided the affiliatedEntity and the named Insured are both wholly-owned by the same person or Entity, or(4) if the grantee is a trustee or beneficiary of a trust created by a written instrument established by theInsured named in Schedule A for estate planning purposes.
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19 March 2024 | 46 replies
Holding costs (insurance for vacant property, utilities, and interest payments for Hard Money Loans) can eat up your profits.
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15 March 2024 | 1 reply
Any one can do this loan please contact me thank you so much!!!!
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17 March 2024 | 7 replies
If you're getting a loan that will be sold to Fannie or Freddie (your first ten investment loans) it has to be in your own name.
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15 March 2024 | 3 replies
I am 31 How do the loans work out?
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17 March 2024 | 23 replies
Hey Seth, If you have a good FICO, Loan Amount is above $250k, and property DSCRs at 1.25, You may achieve a rate at the high 7s at 70LTV on a 30 year fixed loan.
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17 March 2024 | 4 replies
Do they go back to the loan balance?
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15 March 2024 | 2 replies
I'm seriously considering a career change to become a Mortgage Loan Officer first before or alongside investing in real estate.