Matthew Miller
$18,000 in closing costs on a $150,000 203k FHA loan.
So I recently found a two family house in Connecticut that I put an offer in on and after negotiations we settled at $150,000 with $5,000 back toward closing costs. Taxes are $5600 a year. The issue I have is with t...
Luther Barge
I have 25k and I live in socal
I have 25k and I live in socal I just got denial from preapproved because I'm a 1099 and I've been paying myself to little and writing off too much. I'm looking to buy out of state. I'm reading, lisening, and learning...
Tom D.
Unfair Rate Hike
I just bought a duplex for $97k that I'm living in. The mortgage company's appraisal was for $116k with a replacement cost of $177k, which seems about right. I had to pre-pay for 12 months of coverage, but I got a f...
Nick G.
Cash out LTV on primary in NY
Hey Mortgage Pro's, What LTV are lenders offering now on a cash out refi for a primary owner occupied in NY? Specifically in Westchester county. Also what's the average seasoning time to refi?Thanks!
Ralph Soles
Direct Mailing
Hello Everyone!! When doing direct mailing to foreclosure what is the best way to do the stamping and mailing envelopes?
Dan Thomas
Raising Money for Commercial New Construction Help!!
Looking for some opinions....I have forwarded this to my attorney as well so I am just looking for opinions from those experienced in private money transactions, I know that I should consult an attorney.I own land tha...
Meagan Lapworth
Newbie looking at an off-market Duplex with Owner carry option, it has burn damage.
Hi all! Title says most of it, my realtor has a relative with a duplex with burn damage in Oregon in the area I'm looking to buy my first househack. Burn damage in the attic was from a past tenant and their BBQ grease...
Nancy Curran
What do you say to people about how many units you own?
Whether I'm showing a unit, or at a cocktail party when people ask me what I do, I inevitably get the question "how many units do you own"? To me, this is quite rude and they are basically asking me how much my portfo...
Joseph Mustacchia
Has anyone used ispeedtolead.com for buying a lead?
Hey y'all,I've hit a little dry spell recently and I'm looking to pick back up again. I keep coming across ispeedtolead.com in various facebook groups offering their leads to others and I want to know if anyone has us...
Cliff Pelfrey
Hard Money Legal Issues
Does A private individual doing private mortgages for profit on OO primary residents at 16 percent interest throughout the United States need to be licensed? As a private Lender do you have to provide a GFE, Tr...