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13 March 2024 | 8 replies
Hard to say what rates will be doing then or before (without making wildly inaccurate predictions that will come back to haunt me), so I'd just say to ensure you know what kind of (or if a) prepayment penalty is baked into the loan.
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11 March 2024 | 2 replies
@Larry Cersosimo,It is not possible to use your 401k as collateral for the loan, IRS specifically prohibits this.
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13 March 2024 | 6 replies
Feel free to use me as a resource for any loan-related questions that might come up.
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11 March 2024 | 1 reply
Has anyone used the OnDeck or Fundbox platform for a business loan?
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13 March 2024 | 2 replies
If you have multiple properties your rates may be increased or you may be dropped because of the claim or you may not be able to get a new policy from that carrier for many years.I can't stress enough how much of a mess the insurance market is... think about it this way.Imagine 95% of the primary home mortgages in the US were unprofitable for the banks that issued the loans - how easy would it be to get a new loan?
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13 March 2024 | 0 replies
Patience, seller had contact issues and banker switched to two separate loans at the last moment.
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13 March 2024 | 9 replies
Idenitfy properties with enough deferred maintenance for a discount and not enough for Full scale renovation.With 10+ unit properties, you can utilize more DSCR loans and drive the value through the income approach to valuation.
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13 March 2024 | 28 replies
This seems like it may be the least intensive, and one of the more affordable options as you qualify for more optimal loans if the house serves as your primary residence
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13 March 2024 | 1 reply
My loan has bounced around a bit but is now with Western Alliance Bank at a rate I don't want to lose.
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12 March 2024 | 5 replies
Title company would do the private money loan paperwork.