12 September 2018 | 2 replies
I've read that we should still be able to get a mortgage through fha.
11 September 2018 | 1 reply
I have a fourplex with the mortgage and title in my name but my brother and I are 50/50 partners on everything (cash flow, capital contributions, etc.).
12 September 2018 | 3 replies
If your local laws indicate that a mortgage lien is junior to a tax lien, the trustee likely made a mistake.
10 September 2018 | 0 replies
Appraisal: One at 320k and the other one 466k There are potentially 3 people involved in the deal:1- The person who found the deal2- My friend who will buy, sell and take a mortgage on the house3- Me who will put the down payment of 15% ($60,000) and the first six mortgage paymentsHere is the deal: The 2 apartments are coming from a foreclosure, being sold by the bank.
4 August 2019 | 8 replies
I don't usually give out recs because, quite frankly, I rarely meet people in the real estate/mortgage industry who are actually good at their jobs.
17 September 2018 | 4 replies
Anyone who simply wants to be a lender gets a mortgage against the property as security for their loan.
14 September 2018 | 6 replies
However, in the scenario you described, it appears there will be a first mortgage in front of you, reducing your security/increasing your risk.As an investor, if you are putting in 50% of the cash required to close, you should expect 50% of the profit on sale.
18 September 2018 | 7 replies
If you felt better having someone on your side, it'd be cheaper to pay an RE agent than a lawyer.Do you have a turnkey company picked out you want to buy from?
12 September 2018 | 2 replies
Live in it for a year same as above making sure that the rents you get from this house also pays the mortgage so you can save more money again for the next home. .
16 September 2018 | 10 replies
my co-worker is from Canada and was working in the US for over 3 years on a visa before buying his condo. he had no debt and had strong salary history - however, he couldn't qualify for a traditional mortgage because he didn't have any credit history in the states.