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18 October 2018 | 5 replies
List price: $155k Zestimate: $160k Rental Estimates: $1000-1200Offer Strategy 1: Subject To (depending on what I find out about underlying debt, payment and willingness to keep mortgage in their name)Offer Strategy 2: Lease Option (with right to sublet)Offer Strategy 3: Wrap Mortgage (then after seasoning connect them with a note purchaser if the wrap could be setup in a marketable way where this works for the seller and note buyer)Thoughts?
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16 October 2018 | 4 replies
Hey All,Can anyone recommend a good mortgage broker in the Louisville ky area?
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16 October 2018 | 4 replies
The bigger issue you're going to run into Andy is most lenders have a limit on how many mortgages you can have, and they typically offer lower LTV's when doing HELOCs on rental properties.
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18 October 2018 | 2 replies
For instance, fannie mae (the underwriter for most residential mortgages) says they want you to wait 6 months.
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24 October 2018 | 7 replies
Local community bank or work with a commercial mortgage broker to discuss your options.
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16 October 2018 | 4 replies
I am fine with that I know it sounds crazy but my mortgage is not cheap and I want someone else paying it.Now the last annoyance I am finding myself running into with this is I feel like I am getting the runaround.
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17 October 2018 | 11 replies
or is there a mortgage?
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20 October 2018 | 2 replies
I found a property and got a buyer but I have the property under contract and I wants to sell the property or contract to the buyer but she has a mortgage to purchase the how do I get paid by that at closing or can someone run me through that process
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16 October 2018 | 3 replies
The 2018 Tax law discourages itemization by providing a bigger exemption and capping mortgage interest and SALT deductions.
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18 October 2018 | 30 replies
I've always wondered how people on this site with no W2 income qualify for a conventional mortgage.