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I'm currently in the due diligence of a note, perceived as non performing but as I started to inspect the file I have noticed the current loan services company has reached a 3 payments trial payment plan agreement wit...
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Hi y'all, New to this- so don't eat me alive. Reaching out what are the cons and pros in investing in multi-units out of state (coming from California). Other than who to trust, I've been getting all documents from re...
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Hi all,I am hoping to get into the world of hard money / private lending using my Solo 401k and had a few questions.1. I have approx. $120k in my Solo 401k but the deal that I am planning to fund needs about $180k. Is...
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I'm looking for funding for an apartment and came across Metro Financial Services. Has anyone heard or used their services? If so please share your experience. Currently, they're requesting $3,600 (a loan origination...
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I bought a Loan signing course in October 2017. I'm measuring whether to start it this year. I am weighing a few options to pay down debt and save for property. With rates looking like they may be on the rise etc ( Sa...
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Looking to get a little advice here as I'm in the process of buying a 2-flat here in Chicago. I recently filled out the loan application and there was a section that was titled "loan estimates" where it has Terms, Pa...
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My dept. is currently battling with an FHA rep. who will not approve an FHA loan on an REO we have for sale because he is classifying our practice of liquidating REOs as "Flipping".
We recently aquired a portfolio of...
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I currently own 15 rentals with no debt and plan to hold paper.
Working on hard money loans to investors now but Is there a workaround for Dodd-Frank to sell and finance to an individual?also open to other ideas to...
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A recent poll, as seen on Bank Innovation, revealed that the banking customers 35-year old and younger are inclined to use non-bank services like Square or PayPal over traditional banking services. Square is a paym...
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Hi There,
Has anyone started a mortgage servicing business in Texas? Anything that you wish you knew when you started or anything that you would do differently?
Thank you