I am looking at a house package, but the seller is not planning to 1031. I would like to offer options to defer tax because he's retiring in about 2 years, but getting out from under his loan is his priority to be mor...
I see the term Expense Ratio tossed around a lot on the forums. This was not a number I have been using in my analyses so I wanted to gain some clarity on exactly what is included in this number. For instance, I bel...
What are some trustworthy lenders in raleigh,nc. I want to get an equity line of credit on my rental but I believe I just got scammed by Crowne Lending Services. I looked up everything & all now I am afraid to do ...
Article by Joanne Scoratow
May the REAL lenders step forward please.
The number one question I get asked by a new mortgage broker is, are you a direct lender? This is an intrinsically important question that ...
looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should be able to get a DSCR mortgage on...
Let's say a bank gives a loan on a house, but there is another entity that actually has the Note - maybe the entity loaned the money via the bank or the bank sold the Note to that entity. Then the property goes into ...
I’ve heard investors say you should stay away from low payment notes. I’m wondering the rationale. As long as the yield is acceptable, I’m thinking what does it matter? I guess it could limiting because of you want ...
Hi,
Does anybody have any information regarding Buying Notes from the Bank? If yes, which Department would I be speaking to? What is the process & at what percentage can I purchase the existing note?
Thank you!
T...
I am finally going to buy my first property in a few months but I am not sure where I need to have my bank at. I will be working in Louisiana for the next year and I want to do the Live-in BRRRR strategy while I'm the...
Hi,
What do you look for when working with a Lender?
Do you go to the "big boys" or do you use smaller companies?
What have you found to be the disadvantages either way?
Thanks,
Adrian