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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...
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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...
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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,...
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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 ...
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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...
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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...
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...
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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...
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...