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Non-Perfoming Notes 100% UPB
I have been searching the fci exchange and have come across a couple of non-performing firsts that are selling are over 100% upb .I see that the note is at 8.5% ,the original balance was at over $200k and it is now ar...
Keishee Hill
Non-Owner Occupied HELOC @ 90% LTV
Can anyone recommend a bank or mortgage company that will do a HELCO for a non-owner occupied property at a 90% LTV? I also need them to be authorize to do HELCO in Illinois.PNC, US Bank, and First Merit do not do the...
Bert P.
Finding investors for cash down.
Just starting out and have exhausted the obvious first choices for investors-friends, family etc.. Any thoughts on who to approach after those? Also, I would like to be as prepared as possible to answer any possible q...
Ken Vingua
Searching for Business Lines of Credit or HELOC
I have been searching for a way to get access to lines of credit to use for REI for a few months now and have had no luck. I have contacted local and national banks and gone through several initial applications only ...
Katharine Chartrand
Financing a Rental Property
I have an existing single family home that I want to mortgage, cash out and rent. Last year I was able to get a 4.6% 10 year balloon mortgage for this type of investment property from an online lender. This year I am...
Chris Mathe
Using a HELOC to help finance first BRRRR?
Hi All, Quick back story: I was trying to cash out refinance my primary residence when unfortunately the appraisal unexpectedly came in too low for it to make sense. With that being said, my loan officer recommended ...
Igor Messano
Seed Capital experience
Hi everyone,I was browsing the forum today and stumbled on someone's post recommending seedcapital.com and reading about their program is got me interested. Does anyone have any experience with them in establishing cr...
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tax consequences for deed in lieu
I have a friend who is asking me about deed in liew of foreclosure... everything i have read states that some lenders reject these and if they do accept them there are tax consequences in the difference owed - similar...
Leo Maldonado
REI in Miami looking for Feedback on Business Credit
Hi Everyone! Very excited to see so many discussions about REI in Multi-family. I am a big believer that with hard work and the right mentality with good intentions, you will all find the success that you are looking ...
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auction property/how to get title info on my own
Hi! I am new, and am more familiar with rehabbing, and would like to purchase a property up for auction next week. However, the owner, whom we already spoke with, says that she owes about $40k more than the info I hav...