Can some local Western North Carolina (Asheville, Greenville, etc) investors please recommend some investor friendly lenders? Looking for someone who is responsive, easy to work with and understands real estate invest...
Can anyone sum up the latest guidelines for investor loans, such as required FICO, DTI, LTV, minimum loan amounts, maximum seller contributions, reserve requirements, etc? :roll:
Hi Team,I searched several keywords across BP and couldn't find an answer to these questions.I have several friends and family members who want to invest along with me as an LP in Syndication Deals.1) How should I str...
This question is for a friend who is attempting to buy her first piece of property & get started on her Real Estate path. She is currently working as a travel nurse with a staffing agency. It's a W-2 job and she's...
I’m looking at paying cash for a deal and using delayed financing. It’s a wholesale deal with an assignment fee. If I do delayed financing am I able to include that assignment fee?
Hello All,
Here are some guidelines I found about researching a neighborhood.
1. If it is a mid-sized city, not a metro, you want to have a 20% population growth. If the population is larger than 1M, there should be...
I hear Investors touting this TODAY (9/2/12) as a new development but I thought buyers with a short sale on their credit always had to wait a minimum of 3 years before buying again. Is this NEW news?
http://shortsal...
If I use up my 10 conventional Fannie Mae/Freddie Mac loans for investment properties, does that mean I can't get a conventional loan for a primary residence?
Hi! I was seeking some insight from CA based Loan Officers (specifically independent LO’s) regarding how you got started, your day to day, and compensation. I am currently W2’d working on a team for a mortgage company...
A Realtor friend of mine told me that part of the new FHA rule allows the homeowner to purchase a home immediately after a successful short sale, if, they are current on their mortgage (the SS one) and all other bills...