Alton Williams
Is the day of buying a property with no skin in the game dead?
1 April 2014 | 11 replies
First you structure the deal with a down payment from one source and the balance from another, be it a HML or similar.
Eric Siu
To Gamble or not to Gamble?
1 April 2014 | 10 replies
At some point you will own the property outright and get paid even more each money.Striking the balance is a tough part of the investing game.
Mark Scarola
Workouts Without the Original Mortgage
24 September 2015 | 9 replies
There is no payment history.You should at least get a loan balance & next payment due from the Note Seller.
Ramon Serrato
Account Closed
Buddy needs help
13 August 2014 | 15 replies
The mortgage balance is irrelevant to your friend.
Steve Veen
Rates on cash out refi in so cal
14 November 2014 | 6 replies
Credit score, LTV, how many rentals you have, what balance of rate/closing costs you want, etc. all have impact.Just ballparking, you should be able to get a lower interest rate.
Liz Stewart
How to help a home owner in pre-foreclosure? (Wholesaler)
4 July 2016 | 13 replies
I negotiate with the lender a discounted price for the remaining balance of the loan,once that figure is agreed upon, sell the property to the new buyer.
Joe Rinderknecht
Cash-Out Refinance or HELOC
31 March 2017 | 11 replies
@Joe Rinderknecht If your remaining balance is 160k, and the appraisal came in at 210k, your LTV is over 76%.
Brandon Schlichter
Performing, low LTV note rates?
10 November 2017 | 7 replies
or are you referring to the UPB being 50% of original balance?
Michael Kerma
203K loans for home gym
8 February 2017 | 2 replies
"Left over" money gets applied to lower your mtg balance.