Daniel Lehman
VA House Hacking Just Got a Lot Easier...
I am not sure how much this has been discussed, but recently the VA passed a new bill that essentially had two impacts on the VA Home Loan Benefit. First, the funding fee amounts were increased slightly. That being ...
Josh Green
Portfolio Lenders still exist?
Are there still licensed portfolio lenders in FL that are experts in the residential multifamily zoned property space? What I mean by that is someone who can do:-low down (<5%)-low interest, 30 yr fixed-no MI (ide...
Brendan Travers
Previous loan officer with eligibility on license still....
2 years since I've been a loan officer.. was selling cashout refi for mostly VA but FHA and Conv as well... Now I sell IT/Telco to Real Estate/Property management companies. Always known real estate was my long-term g...
Account Closed
Using a licensed MLO to originate seller financing loans
There have been several threads here on BP lately about the legality issues when seller financing to consumers. New, apparently stricter federal regs are in place to start 1/2014.
I've posted before that I've been...
Michael L.
How do you all finance your NPL portfolio's?
Trying to get a pulse on how NPL investors are using leverage for portfolio's ranging from $1mm - to $10mm.
Kristi Wolfe
DTI if I have 100% of purchase price in the bank
My husband and I are considering partnering with my brother on a deal. Between the 3 of us, we have well over 100% of the purchase price in IRAs, savings, and investments. I am self employed and my W2s show only ab...
Ian Morales
Introduction to the forum
Hi! I'm Ian, an active-duty US Marine stationed in CA.
I'm committed to learn and start my journey in real estate investing. My locations of interest are Florida, California, and Puerto Rico. Currently, I'm gathering...
Sway Tseng
Conventional Mortgage Loan with Short Term Rental income < 2 years.
Any recommendations on Conventional Mortgage Loan for Primary home that will account for my short term rental income that is less than 2 years? Currently in the market for a Primary home, most lenders require minimum ...
Peyton From
How do I deal with insurance on a creative deal?
Hi all,Im looking for any insight on insurance in a sub to / seller finance deal.1. For sub to: Since I would be taking over title to the property, but the mortgage is still in the sellers name, how does the insurance...
Josh Thomas
NPN 1st with unpaid property taxes, how to pay them off
I'm looking at two non-performing 1st notes with substantial unpaid property taxes that will be sold at tax lien sales in April. What is the procedure to pay the taxes as a new loan to the borrower? Where can I read u...