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Results (10000)
Jay Patel Evaluate my financing quote - Can I do better?
11 September 2019 | 7 replies

Guys, I have a rental property under contract that I am looking to finance. I got this quote from a mortgage broker who I used to get my pre-approval letter. Personally I'm not too thrilled. What do you guys think? Si...

Sommer Richards Real estate agent as a hobby?
24 June 2015 | 2 replies

Hi everyone, I currently work in the loan originating world side by side with a top grossing loan officer. As I find my job a great resource for information and learning about mortgages, loan types, appraisals, curren...

Victor Drazen Becoming licensed as a Mortgage Loan Officer and also as RE Agent
23 May 2017 | 12 replies

Hello,This is my first post, so I hope it complies with the rules. I've been doing a lot of digging and reading everything I can. I am about to close and acquire on my first multi-family investment property (Hartford,...

Caroline Landreth Home equity loans versus bank/lender for getting started
6 February 2020 | 4 replies

New here and getting my feet wet in the learning stages of real estate investing. I’d like to get some recommendations from those more seasoned. We have around $200k in home equity and are about to begin the hunt for ...

Benjamin Wiles Closing Costs (50k vs 200k Properties)
4 October 2015 | 4 replies

Hi All, I've seen where some estimate closing costs as 3% of purchase price. I bought a $200k house and it was in this ballpark. I was looking at a $50k foreclosure, and wondering if this rule of thumb applies to home...

Han Lai Is it primary residence or rental property?
20 February 2020 | 2 replies

Hi everyone, I'm new to real estate investment and looking for my first rental property deal. My lender told me that he can classify my rental property as primary residence because it will be my first owned home. It w...

Account Closed Outside Appraisal Only For Refinancing
20 January 2021 | 2 replies

Client is doing a refinancing on a duplex, but in Los Angeles Covid is a big problem and Lender insists on an appraisal that is inside, instead of just looking at the property on the outside, also tenant in front is i...

Joe Kelly Property Assessment doesn't show sale price
4 January 2021 | 5 replies

Hello all, I recently bought a property from a family member which was seller-financed back in October. However, I noticed on the county's property assessment website that the sale price is listed as a zero dollar amo...

Account Closed ?What is table funding?
6 January 2014 | 2 replies

From the reading I've done, it sounds like table funding occurs when the source of loan origination money is different than the that of the lender named in the note/deed of trust documents. Is that basically it, o...