Alice Huang
Canadians borrowing for US properties
Hello everyone,Does anyone have experience dealing with lending for foreign nationals? Or have foreign business partners?Am Canadian and my business partner is American. Want to ensure we don’t max out his DTI. Want t...
Account Closed
Profit Banks Hide from Borrowers
Service Release Premium (SRP)/ Overage
Profit Banks Hide from Borrowers
"Service Release Premium" (SRP) or "Overage" is profit that banks make when they sell a Borrower's...
Ryan Martin
Borrowing money from private investors
Good evening all, I was wondering what it is that you do when you would like to gain investors confidence in a deal? My biggest downfall right now is wondering what you guys use to get an investor under contract? Do y...
Marshall Leipprandt
Co-Borrowing w/ In-Laws
My wife and I are looking to buy an investment property in FL near her parents. We currently live in CA, but will most likely be moving to FL in the next 5-10 years. We pitched the investment property to her parents, ...
Hank Powell
Non Occupying Borrower Overlay HELP
I am a non occupying coborrower, on a rate in term refi, attempting to purchase my first home. The issue I am running into is lenders having an overlay requiring 12 months of payment receipts in order to dismiss this ...
Larry Taylor
Mortgage Borrower + Chapter 13 Bankruptcy
Hey guys,Would love your help and guidance.The local bank I am buying from wants to get rid of the mortgage note and willing to part ways with it at 55% of the current principle. The borrower filed for chap 13 bankrup...
David Fligor
Empty credit report on borrower?
I am dealing with something of a mystery and would love to get pointed in the right direction or told not to worry about it.I have placed a bid on a 2nd NPN on a single family house in Connecticut, which was accepted....
Kyle Zive
Borrowing Against Free and Clear
I have a couple properties that are owned free and clear. I’d like to invest in more properties to buy and hold. Should I borrow against these two properties?
Bill McCafferty
Borrower Financial Support in Tennessee
Has anyone had any success with Hardest Hit Funds or Public Assistance Programs for Borrowers in Tennessee? To be more specific, Non Performing 2nds in Foreclosure, either to reinstate the loan or pay it off. Thank...
Scott Alfano
Borrowing through a new LLC
I am forming an LLC with three other partners in order to protect our individual assets when buying real estate. Unfortunately, the LLC has no credit history (as it is brand new) and has no borrowing power. We are t...