I am in the process of getting a prequalification letter to purchase a rental property. My mortgage broker is saying she has to wait for underwriting to get back to her cause she thinks that the HELCO will count as a ...
Hey All, I am purchasing a friends property in Cleveland, OH with a wraparound mortgage (my first time doing this) and I was wondering if anyone can refer a lawyer/title company that can assist with this please. Also ...
Practically every other week you would see a post on Bigger Pockets "If I should get my real estate license" but I have not seen anyone ask if they should get their mortgage license. Firstly, I don't believe one can b...
The first time I got a mortgage was 3 years ago buying my first home, that is and still will be my primary residence. Back then... I knew nothing, and felt like the lending process was super veiled and not really setu...
Hi.I am set to borrow 130k to buy and rehab a property at an 11 percent interest rate (I only have to pay the monthly interest and closing fees) from a private lender. I expect the home to appraise at 170k-200k in 6 m...
Seems like something fair would be self-explanatory, but I can't think of any reasons. Would be nice to actually get some interest on our own money!
Looking for help from The Vacation Rental folks. I recently went into contract on a vacation home that I obviously would like to use as an investment property, however when going through the verbal agreement phase of ...
I see hard money lenders category on BP but no list of mortgage companies that specialize or work well with investors. here is what I have purchase contract for/looking to finance: 68k purchase price on a fully occupi...
Hello:
How can the new buyer on #Self #Storage assume a #Commercial #Loan? With the new Business Owner/Investor continues to pay the Mortgage with a service company so payments Principal and Interest go to the Bank a...
I have done pretty well with my investment portfolio so far. Over the past couple of years I have pulled together 15 units I own by myself in my company name (duplexes, triplex, and 4 plex) and I have another 10 units...