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Hi there,Can someone recommend a mortgage banker or lender (no brokers, please) in the Triangle area?Thanks!
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On October 22, the CFPB finalized targeted amendments to the Dodd-Frank Act mortgage rules that took effect in January 2014. The amendments include: Points and fees cure. Under the Ability-to-Repay/Qualified Mortgag...
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I have a pair of 24 unit, 2 bd 1 bath apartments found. The sellers are an elderly couple in poor health and have conveyed to me how badly they need to sell the property. It is to much for them to take care of anymore...
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Hi all, I'm in a bind and it's causing me nightmares, not really sure how to proceed from here. Any guidance would be much appreciated. I'll try to keep it as short as possible.Bought an owner finance deal from an age...
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Hey guys,So I was talking to my mortgage broker today and he said that my debt to income ratio will be better if I sell my paid off property.Its rented and brings in $550 per month in rent minus taxes/insurance, so I ...
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I am looking for a contract where I offer to catch up and take over payments with the idea of renting out or fixing the propertyany Ideas?
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I was tracking down new portfolio lenders and Old National is doing portfolio loans. They will do loans in the following areas according to my banker: Muncie, South Bend, Indy, Bloomington, Evansville, Louisville, An...
Hi,
Is there a limit to the number of mortgages that one could have as an individual investor ? In addition to my primary home, I own other (5) rental properties. I am looking to add more but I am being told that I e...
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Hi I'm new to the forum and still trying to piece everything together, and if someone could provide a link on how to analyze a deal as well that would be great. But my question here today is that I'm in the middle of ...
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I am looking for an online-only business banking solution that offers:
1. High Transaction Limits: Real estate transactions often involve large sums of money. Investors might require a business banking account with h...