Bill Hinshaw
Our First Flip
3 February 2016 | 31 replies
Everyone I've talked to is pretty sure they've overstepped the market, but it will be fun to watch and see if they can get it.
Elizabeth Colegrove
Mixed Use Property Financing Help Needed!
26 February 2016 | 4 replies
Everyone I am talking to is saying that the only way to buy this place is with a commercial loan.
Colleen F.
AZ Closing and no immediate possession is that right??
16 April 2016 | 5 replies
Tried to speed it up but not able to. I
Craig Smith
Help me analyze which loan to do
30 November 2016 | 9 replies
Terms I am getting on a non owner occ loan: 25% down 15y 3.875% 20% down 15y 4.25% 25% down 30y 4.5% 20% down 30y 4.75% We have great credit and these numbers are similar no matter what bank I talk to. I
Shannan M.
New Member in Sapulpa, OK
7 January 2017 | 11 replies
A guy from the seminar we went to is calling tomorrow because they pitched us a $500 course for wholesaling that they will coach us through and give us the spreadsheets, contracts, etc.
Brian Goodwin
Searching for 1st rental...turn key or realtor/PM team???
13 January 2017 | 28 replies
Nor is it something you need to be tied to. I
Mike Patrick
Investing in rural area with 3000 town population
2 January 2017 | 1 reply
The realtor offices can help you a lot on some of this if they are inclined to. I
Bryce Davis
Courthouse Auctions Deed of Trust Identifying 1st & 2nd Mortgages
26 May 2014 | 29 replies
This to is illegal.
Matt Rothwell
Owner Occupied Multifamily Financing with <5% down?
15 August 2018 | 39 replies
If you absorb the UFMIP through the rate it means you're taking a higher rate to pay for the UFMIP so that it does not get financed into your loan making your balance/payoff higher.This is difference than the annual premium for FHA which is for life as well if you have less than 10% down payment is the portion of FHA MI that you pay monthly.The UFMIP, when referred to, is the up front mortgage insurance premium that is in most cases financed.The advantage of absorbing the UFMIP into your rate is if youre using FHA similar to bridge money and you know youre not going to be using FHA for long (conventional refi soon) then you may not want the UFMIP to be financed in your loan.I had a 500k loan for example the UFMIP of 1.75% would have added $8750 to the loan amount making it 508750 at close but if you increase your rate from 3.75 to 4.25% you could fund at 500k balance and 4.25% for instance.
Crystal Williams