I’ve done the fha loan and house hacking naturally. Before finding out about bigger pockets. Currently living rent free for 4 years now. I have saved up 50k. My home equity is up by $225,000. Now I converted my fha to...
Could use some help on this one.Got an offer accepted on a triplex for 148k, looking to use the home possible mortgage from Freddie Mac to finance with 5% conventional loan. GOT DENIED. Idk how I got denied, I have a ...
So I'm looking to engage in my first deal as early as June! I've made a small business plan, browsed for properties and lenders and ran across a few, but I don't have much capital except for a tiny savings and a smal...
I'm a newbie grinding to make that first purchase in the next 3-5 months, and absorbing as much information through books, podcasts, and blog posts the past few months. I feel like I have hit a point of information ov...
I am very concerned and frustrated with the way my loan is progressing. It is very slow and my LO is very unresponsive. However, I am too far into the process to switch lenders now. LO was very responsive in the begin...
I am looking into a two family home that has two "bonus apartments", essentially making it a four family home on a two family lot. Each unit has its own separate entrance but the home has a two family CO and is only z...
We are part of an apartment syndication in a lender position, not equity position. We received interest for quite awhile with January being the last time we received any. During the course of this, they re-wrote the p...
OK, so please forgive this question if it's elementary but I am a newb.
I have my first deal that I am working and I got it by giving my elevator speech :cool:
I have an option contract on the property and I have a...
I have an approved short sale. The buyer is lined up. I'm in Florida, the house is in Arizona. No Florida HML that I've called will touch it out of state. Any have any suggestions?
It appeared to be unreasonably high but I wanted to check with the group.
On Good faith estimate the loan originator stated the following figures to be charged by him/his bank (in addition to credit report fee):
1. ...