Colin Simpson
Buy and Rent vs. Rent and Buy
7 October 2016 | 13 replies
She did a great job at showing me my options and guiding me through the HUD/rehab process.
Albert Arguelles
Bank Owned Property getting foreclosed?? By Who??
14 December 2016 | 2 replies
It's often simplest for a bank to go through the foreclosure process to clear title, particularly if there are junior liens.Look at the abstract and if you think it's something different let us know.
Account Closed
Interested in learning about REOs??
4 October 2016 | 1 reply
My Broker and I are going to host a FREE in-person class for investors who want to learn about the REO process and how you can buy exclusive off market deals!
Amy Greger
Non-Recourse Loan Lenders
21 July 2019 | 8 replies
The bank fees for a purchase transaction are 1% of the loan amount (1.5% if it is a cash out that is owned greater than 6 months) plus $695 in processing/underwriting fees.The interest rates for a non-recourse loan are as follows:-4.875% for a 5/1 ARM amortized over 20-25 years-5.375% for a 10/1 ARM amortized over 20-25 years-5.0% for a 10 year fixed loan that is amortized over a 10 year period-5.375% for a 15 year fixed loan that is amortized over a 15 year period-5.75% for a 20 year fixed loan that is amortized over a 20 year period-Special quotes may be given for multi-family property 3+ units, rural property, and high rise condominium units
Dani U.
Best method of accepting rental payment?
5 October 2016 | 6 replies
If you just simply allow tenants to walk into a bank and deposit any amount (on any date) they choose it could delay the eviction process.
Timothy Stieffel
Getting Pre-Approved For Mortgage Loans
15 November 2019 | 2 replies
I am about to start the process of shopping for conventional loan rates and getting pre-approved, but am concerned if I shop too much within a short time period it will adversely affect my credit score.Does every loan inquiry during the shopping process negatively affect your credit or is there a "grace" period after the first inquiry?
Ryan Toopes
New Realtor in Chicago, IL
5 October 2016 | 3 replies
Im currently in the process of getting my license as well.
Allison Olson
Newbie Investor from NOVA - Where do I start? :-)
5 October 2016 | 4 replies
Repeat until you've wrapped up your first deal and there you go you have the base knowledge to keep repeating the process and adding to your knowledge along the way.
Aprelle Hawkins
New to Real Estate Investing
6 October 2016 | 5 replies
I'm currently in the process of purchasing a townhome, with a traditional loan.