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2 September 2016 | 5 replies
Do you get any other types of questions asked about short sales?
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17 September 2016 | 12 replies
I can't speak for others, but the only time I see these types of issues being brought up are from people that have a financial interest in doing so.
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4 December 2016 | 47 replies
Wait, I'm half way done but I'm already tired of typing.
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30 August 2016 | 6 replies
Examples of income of this type include income from hourly workers with fluctuating hours, or income that includes commissions, bonuses, or overtime.History of Receipt: Two or more years of receipt of a particular type of variable income is recommended; however, variable income that has been received for 12 to 24 months may be considered as acceptable income, as long as the borrower’s loan application demonstrates that there are positive factors that reasonably offset the shorter income history.Examples of positive compensating factors that we like to see (1-3 will generally do it)...Employed in same line of work.Makes sense from a common sense perspective, like someone is returning to the workforce after being a stay at home parent for a while.Recently finished some training or education program that lines up with the new line of work.Low DTI.Great credit.Income trending upwards.
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4 September 2016 | 2 replies
I'm sure many people have done great things without an entity, but for me personally, I think I would prefer that type of protection.
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29 August 2016 | 2 replies
I'm not sure what that type of service would even be called so I haven't had much luck searching for it online.
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7 September 2016 | 19 replies
The big issue comes in with the repayment clause on the loan if you lost the job, as it would put you in a cash call type position.Ideally you would use the money on a down payment on a BRRRR scenario- and then when you refinance you repay the loan balance.
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30 August 2016 | 6 replies
It all depends on what you are trying to accomplish and if you have a specific type of property you want to buy.
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29 August 2016 | 4 replies
Does anyone have experience in this type of situation?
30 August 2016 | 6 replies
What type of investing are you looking to do???