James Park
How to payoff mortgage you're not on???
Does anyone know how to pay off a mortgage when you're not on the loan? I have a situation where I did a creative deal and bought a home and convinced the seller to leave the mortgage on the property until I was ready...
Jaime Penix
I got a flyer from BR2 financing....
So I called them and they are telling my that they offer private financing for investor properties. The loan requirements is 75% LTV, minimal of 500k loan, and a minimal of 5 "doors". My thing is how am I going to ge...
Serge S.
Fannie, Freddie Tighten Rules for Condos in Vacation Locales Move
Caught this in the back of page of the WSJ. This will have some real impact on those of us in the vacation rental space. Specifically, due to the pressure from city, state and local associations, the VR model is a...
Dustin Ruhl
New Finance of America To Serve Residential REI
The national lender, Finance of America, has created a new side for those who invest in residential real estate. It is called Finance of America Commercial, and with rental units and the opportunities to flip houses b...
Jesse Smith
Title Issues on Purchase - Advice Needed
I'm in the process of trying to purchase an off-market deal in my neighborhood. I already own one of these, and it's a tremendous cash flow property. During the title search, the following issue came up:Property is ...
Brad Moore
Rental - Single Family Homes
How do people typically finance their rental homes? I’ve owned a few rental homes but I’ve been doing 15 or 20 year commercial loans. It’s very hard to find a house priced well enough to cash flow with a 15 or 20 year...
Mark Spritz
Looking for Refinance of personal Home, must understand SOLO 401K
I am having a big problem. Since Dec I have been trying to refinance my personal home. I have now tried 3 mortgage companies and have gone through the whole process only to find out at closing that I cannot sign the p...
Mohamed Farih
First Time Home buyer Conventional loan vs FHA
Hello everyone!I am God willing a future first time home buyer in the process of trying to land my first home. I was planning on getting an FHA loan for my mortgage. My realtor's lender told me I am eligible for the...
Bryan Sandera
What form do I use for a Seller Finance offer
Hello,I want to offer my neighbor to buy his house using seller financing. The needs a lot of work! I plan to offer 12 months financing with a balloon payment after 12 months when I obtain a conventional mortgage lo...
Neil Metzger
Selling an LLC that owns a single home & has an HML in place
Question about selling a business that is a single member LLC, has no debt other then a mortgage on a single home, and has secured a hard money loan via that same mortgage. The owner is dealing with personal issues a...