Hello, I’d like to know how investors typically handle Subject To contracts. Do they use a servicing company to make the payments directly to the , or do they make payments directly to the seller and hope they pass th...
If you were to offer a counseling service to distressed homeowners are there any licenses or approvals you need to obtain? I ask because theres been some news stories about people offering these services taking advan...
I am a newbie to buying Notes. Any guidance on if there are any licensing requirements even I plan to use a reputed servicing company
I have a mortgage of 30 years that was taken an year ago and paid 5% down initially. I want to pay down additional amount to remove PMI. What does that do for me? Does it reduce monthly payments or keep the monthly pa...
I’m not sure if this has been posted here before, but wanted to briefly share this information we found out regarding FHA. As a military member we have exceptions to the normal occupancy rule. Check it out:
“FHA loan...
Hello all, I am in the process of purchasing a 2 family home using a DSCR loan. This is my first time going non conventional. I am trying to figure out the numbers to see if it is profitable. Any advice from those who...
I am looking into a subject to deal but it has 3 HUD loans. I talked to the person selling the contract and they mentioned that those hud loans have to be paid at year 2051 or if you sell or refinance the house. In th...
My sister-in-law and her husband are about to put their house on the market near Ft. Riley, KS instead of renting it out because they’re tired of the hassle of scummy tenants. I think she’s in the perfect position to ...
For the last 8 years, I have been working in banking. I have spent my time working my way up the ladder from starting in loan servicing, to becoming a loan officer, now working in fraud and risk management. Unfortuna...
I have a rental property that I co-own with two other owners. We obtained a mortgage on the property, however, due to issues with getting my partners qualified in the mortgage process, the mortgage is specifically in...