I know I'm late to the show here, but just found out that there is no more Homepath funding, so that means no more 10% down payments with no PMI.
How do y'all feel abou this?
I'm looking for additional funds to finish repairs/rehab costs. I've opened a HELOC, done a cashout refinance, and opened a business credit line for the LLC already. I'm trying to be creative and find extra funds if w...
I'm meeting with 4-5 banks next week to get an LOC. I have a number of properties that I am using to secure the line. What questions should I ask them when I meet.
Hello everyone,I am in the process of closing on my first deal. It is an all cash offer within my own family. The problem I am having is that I want to buy the house directly through my LLC, and I do not have capital ...
Recourse and non-recourse loans are two types of financing agreements that differ primarily in the lender's ability to seek repayment beyond the collateral.
Recourse Loan: In a recourse loan, the borrower is personal...
I was talking to another investor who proposed the following as a solution investors looking for more flexibility when using their SDIRA.
Two unrelated individuals arrange to make a loan to one another using their S...
I have an offer from a buyer to buy my commercial mixed use property I paid $330k for a year ago which I put down 25% on and owe about $240k on. The buyer is offering $410k which is probably right at what it would a...
I seller-financed a house to a buyer. The note is for $135,000 amoritized over 30 years at 7% interest. The note originated on 1/1/2022. Buyer has made every payment. The house is now conservatively worth 142,000. Is ...
Hello everyone!
Does anyone know if there is any work around with Dcsr loans if the owner wants to live in the house?
Hi BP,Is it possible for the following to take place? Mary's attorney drafts a deed running to Mary's friend Mike and records it. Mike takes title to the property with no guarantee to clear title. However he did hire...