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1 February 2025 | 14 replies
The best scenario for the buyer buying subject to is to have enough money and good enough credit to qualify for a new loan at current rates should the due on sale clause be invoked by the lender
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16 January 2025 | 12 replies
But somebody could use a credit card fund the immediate need and then pay it back with the policy loan fairly quickly.
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13 January 2025 | 5 replies
Caution: Personal credit card financing is a huge risk and good luck finding 0 percent interest today.
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14 January 2025 | 3 replies
Bank Credit Line How did you add value to the deal?
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20 January 2025 | 1 reply
But without the experience, knowledge and capital (actually CREDIT CAPACITY) I accumulated the prior 2 + years, this transaction would not have been possible.
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18 January 2025 | 15 replies
Compared to other services that might offer lower-quality leads or require higher upfront costs/paywalls, Prime Tracers also give you free lead credits on sign up so you can actually see the results before you commit to a purchase.
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20 January 2025 | 1 reply
However, aside from that, I couldn’t find much information about them, and the only online presence seems to be the wife’s LinkedIn profile (though I’ve never met her in person and am just going off her profile picture on Zillow).After submitting the application through Zillow, we attached our income (two months of pay stubs for each of us from our current jobs), work references, credit and criminal background, rental history, and the contact info for our current landlord (who just so happens to be my fiancé’s father).
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12 January 2025 | 1 reply
Also, any referrals to realtors who specialize in this sort of strategy would be appreciated.
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16 January 2025 | 5 replies
Other than paying for an appraisal or BPO (and maybe a credit report), you should not pay a lender anything until your loan funds.
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16 January 2025 | 1 reply
THANKS Your local credit union might be your best bet.