I was asked to pay in advance 2.5k for approving my loan before i get the money. I said explicitly that i pay loan fee only in escrow after the loan money was paid to the title company. Here is the letter i was sent:P...
I've heard several different stories concering the affects of a BK on a foreclosure. A lot of investors say to keep mentioning BK to a seller's bank to 'scare' them. It doesn't really seem like that would help. Why wo...
Let's say someone stops paying their mortgage, due to losing their job, however they still have a 100k mortgage on the house. Now at this point the bank takes the house away. Now when they sell the house as foreclosur...
I haven't had any luck finding a bank/credit union who offers this product. Did banks/credit unions stop offering this post recession? If not, can someone point me in the right direction?
Hi, all. I signed up Connected Investors and got calls and email from them saying that they can provide me private money borrowers. They charge $10 for each borrower (they call it Lead) they send to me for the deal ...
I have often read people post things like, "Lenders shouldn't charge upfront fees...if they do, RUN!" And for a period of time I seemed to agree with this. I have to say, I no longer do. Full disclosure, I work with...
I was approached by a wholesaler who wants to buy one of my Airbnb properties. I've bought with seller financing, but haven't been on this side of the transaction. The seller is going to give me a note above the amo...
Does anyone have any experience with this lender or know of anyone that has experience with this lender? Marvin Edward George with World Financial Solutions? I'm getting a lot of emails with people saying they are pri...
I have bought one property at foreclosure and attended many, many more. I'm trying to understand something though. If your house is valued at $280,000 (and I believe it to be north of $250,00 based on my knowledg...
Never owned a property in my life. Never borrowed money I’m my life. Who can I borrow money from and to buy my first lease building?