(Emphasis added)Because “notes” are explicitly mentioned in the definition of “security,” courts have held that there is a strong presumption that notes are securities subject to the Securities Act.

Lehman (Pike County/Bushkill), Smithfield, Eastburg Borough, Stroud Borough, Hamilton, Pocono, Chestnuthill and some others explicitly do not allow STR under 30 days continuous period.

We closed in March, rehabbed, rented and we're ready to refinance, but conventional loans need a 6-12 month seasoning period and a DSCR loan will only give us 63% LTV, astronomical closing costs, and STILL won't come even near to reimbursing us for HML loan or our out of pocket costs.Our solution: We found a local bank that will give us a conventional loan (non-owner occupied), 20 year term, 7.9% with a three year arm and we are going to JUMP on it. 

I want the financial freedom to eat as many crablegs as I can during this lifetime, and to have multiple people massage every single one of my extremities (just 4 people... the fifth one is off limits ... besides my left arm hurts to no one touches my lefty ).

Hello BP Members, I'd like to hear your opinion.Currently my wife and I are looking to refinance underlying mortgage on our primary residence from a 30 yr fixed @ 4.5%, to a 5/1 ARM @ 3.375% based on received rate quotes, as we will be moving out of NYC within 5 Yrs.

It will continue to give good service and not cost you an arm and a leg.

I have used commercial loans 20 yr amortizations, 5/1 ARM in the past to get around certain financing overlays, such as a new job.

Fixed or ARM?

They will charge you an arm and a leg to bring it up to code and that's if your lucky.

You could time when the crash was coming based on when their initial zero interest (one or two year) ARM was ending.