Susu Mulligan
HELOC and rates/suntrust
hi everyone i am a newbie and i have a question about a line of credit i want to take on my personal residence.i have around 650k equity on a million dollar home with 350k (mortgage + old line of credit combined). i w...
Ibrahim Hughes
Question about Motion For Relief From Stay in Bankruptcy
Can someone tell me if a creditor (lender) files a Motion for Relief From Stay in a bankruptcy, does that mean the debtor (property owner) is now liable again for the debt (credit being further damaged, lender sti...
Hannah Noble
Resources for Mortgage Pre-Approvals
My name is Hannah and I am a newbie in the REI world. I am wanting to start with a house hack and live in the Orange County area. I am trying to get a good idea of what I should plan to save for, what I could afford w...
Jason Vandermark
Hud-1 Buyer's Closing Statment
Ok I have a question recording buyer's closing statement. Once I finish entering everything in, I have a negative amount in my property tax account. Is this correct? If so when will it zero out? I wrote a check for $2...
Dave McCulley
Newbie getting started: HELOC vs Home Equity Loan
I am in San Antonio, TX getting ready to jump into the real estate investment property arena and after reading The Book on Rental Property Investing and reading some forums I think my best way to enter is through home...
Terrance Lee
Business Line of Credit/Credit Cards for Real Estate Investing?
I've recently been exploring different options to fund my real estate investing. I opened a HELOC against a rental property last year, so that is one current source of funding I plan to use. I've also been hearing a...
Duane Hundley
Lending Rules for Line of Credit
I have a property I'll have title to and close this month what are the guidelines for getting a line of credit on the property? What are the rates with good credit score and loan terms?
Tom Barnard
Refinancing Commercial Properties - Easy or Hard?
So I have been reading about multi-family properties... If one was purchased using Hard Money, how hard would it typically be to refinance with a conventional loan 6 month or a year later? Would the banks still look a...
Bob Ross
Why would you do fha 203k over himestyle loan?
If you have good credit and enough for 10 percent down, is there any reason to chose fha 203k over homestyle loan for primary residence?I’m that that homestyle offers:Lower interest ratesMore flexibility Less red tape...
Brandon Jenkins
What are current hard money terms?
I am curious to know what hard many terms are in place in markets nationwide.Please include: Credit scores, LTV, rates, comps, demos, etc., if possible.Thank you,Brandon J.MODERATOR - No mentions of specific lenders o...