Is everyone else finding that loan officers are completely unresponsive and unprofessional? I own 8 SFRs, and am looking to refinance several of them either to pull out some equity or to lower interest rates. These ar...
We are Private Money Mortgage Lenders. We use a loan servicing software that has a monthly subscription. What are options for having our investors pay their share of this monthly fee? Thanks for any input.
I am selling a duplex as a wraparound in Michigan and just realized that the servicer I typically use isn't licensed there. Anyone have suggestions of who to use or stay away from? I was looking at BIFI as a possibili...
I have a client that will be selling his home using seller financing but he doesn't want to service the loan. Have any of you used a loan servicing company? Any recommendations? The seller is in California, not sur...
Hey BP family,What servicing companies do you all use for mortgage payments with creative finance deals?
Hello everyone,
I’ve been looking for a mortgage note tracking system. I found one a long time ago in a course and I just can’t find it.
I’ve found loan servicing programs but they are very heavy... anyone have so...
I am doing my 1st owner finance deal where I am the seller, providing financing for the buyer. My intention was to pass on the loan servicing fee to the borrower. Is that the standard practice? If not, is it wrong to...
I get the concept. I lend them money and create a note that is secured to the real estate.The money is for repairs on the RE property itself. (homeowner has broken roof).Where do I start with the evaluation of wheth...
I am considering doing seller financing to sell a home that I own out of state. I have been reading up on the Dodd-Frank requirements, etc so I know that I need to document the ability to pay and meet other rules even...
Good afternoon folks!
To get this going again, I'm wondering if anyone knows if only Fannie and Freddie are allowing investors to transfer title into LLCs that the lien holder's control, or if it is across the board...