Does anyone have clarification: I have 2 single family rentals that have been impacted by Coronavirus Pandemic. The loans are serviced by Provident Funding and owned by Fannie Mae. Do the loans qualify for full for...
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Closing on my first property purchase price 356k, I wrapped a 18k sellers concession into my mortgage, it’s a 203k loan I’m getting a 76k renovation loan totaling a loan amount of 432k. My lender told me I need to bri...
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Hi all.
Please review my analysis of increasing my return on my ‘paid off’ rental property.
Today I read a book that described cash on cash return vs ROI. and I’m thinking about obtaining a mortgage to get a better ...
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Hello,
Just wondering if anyone can help me figure out a lending strategy.
Here are the details:
A friend wants to sell us their house that currently has a VA loan mortgage.
They are a dual military couple ...
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Im active duty military, and am planning on selling one of my homes (Property #1) in the next several months, which meets the 2/5 capital gains tax exclusion criteria of having both owned and lived in it for 2 of the ...
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Does anyone know if an assumption of loan is common or not usually approved by a lender? Looking for info on assumption of a VA loan, with both members with a VA loan entitlement. Thank you in advance!
Hello, I'm starting a hard money lending business and I am struggling with my business structure. Let me give you the lay of the land as I've intended to set it up and the issue that I'm having.We've formed a stand-al...
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http://financialservices.house.gov/tellyourstory/
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Good Morning everyone, i wanted to reach out and hopefully gather ideas on ways i can start my investing journey. A little background information im currently in the navy but getting out in December and moving back to...
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This is a rant about the nightmare that is getting a conventional mortgage at Chase and I'm not sure if this is the right place to do it but I want this to be a warning to any other investor that may be looking to use...