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Hi. If I look to get a loan from private lender how can I screen him to check if he is doing it legally❓And how to secure myself against loosing any upfront fees if this become a scam❓ By putting it on escrow❓Any advi...
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Hello all, I wanted to get some input on a FHA 203K backed loan. I have never used this type of loan insurance before and was wondering if anyone has or if this would be a viable option. My plan is to purchase a home ...
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So it's my first time getting a loan of any kind. And I want to make sure no one is trying to take advantage of me or scam me. I met a private lender on LinkedIn. We exchanged drivers license and he shared his Article...
Hi all,
I am interested in purchasing a second home and having it as a rental for a couple of years and then moving into it as a primary residence. The house would be in a location I am more interested living in, how...
Good afternoon everyone,
I currently have a home under contract and I am using a 203k loan to purchase and renovate the property. I am looking for an insurance company to cover the home during renovations but every...
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I am on the search for a new lender to fund my rehabbing efforts in my area. I found a post on LinkedIn simply stating this person was working with new investors who are allowing him to lend there money out to fund de...
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Recently bought a condo and took out loan as owner occupant since that was the only way I could get the property since the complex was already over the 50% investor ratio. I'm coming to close to having the property f...
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Today I met w/ a loan officer & discussed options. As you know, to qualify for VA or FHA one has to live at property. So that option’s not available for me b/c my 88 yr old mum & hearing impaired daughter live...
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Hello BP family. Any thoughts on obtaining mortgage loan insurance? not property insurance, but insurance that would cover the balance of the loan in case you lose your life and you do not want your family to incur th...
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Hello,We are looking to buy a retail space in Dallas area. Need some guidance in evaluating a retail space. What are typical expenses other than loan,insurance and tax ? Any other suggestion will help.