Matt Madar
Borrowing from Home Loan Lenders
I keep getting these letters in the mail saying "you have been pre-approved for X amount..."
Has anyone ever borrowed from these companies to get money for investments? Am I a complete sucker for even asking this que...
Foster Algier
Borrowers Lost Homes to Ocwen!
The survival of one of the nation's largest non-bank mortgage servicing companies was thrown into question Thursday as the company was hit with federal and state lawsuits for allegedly failing borrowers with mistakes,...
Eric Auslander
Refinance Borrower Poor Appraisal Rant
TLDR - The Appraiser blew up my refinance and valued my house at $385K (currently have $405K of loan balance). I purchased the house for $426K 16 months ago and was recently appraised for $433K 9 months ago.
Super fr...
Calvin Lang
buying with cash vs borrowing
I currently own (no mortgage) two homes and I am living in one and renting the other. I am looking to purchase another investment home for income purposes and I do have the cash to purchase one property outright. I a...
Jason Logston
Borrowing against retired parents home
My parents are going to leave their house to my brother and me. We would like, and they are on board, to refinance their home and invest into a rental property. With the house in my parents name and then being retired...
Juan Soto
Borrowing Capital in Alberta, Canada
Hello BP Canada!
Me and my partner are close to maxing out our conventional borrowing limits and we are starting to explore our options. We currently own 3 multifamily properties in Alberta, Canada (Calgary and Red D...
Aidan Alexandre
Where To Borrow For LLC
A friend and I have started an LLC to begin real estate investing. We plan to flip houses to start and eventually branch out into different forms of real estate investments. We are approved for a HELOC of $100,000, bu...
Ryan Valenciano
SubTo with a deceased borrower
Hello everyone, i am looking for some advise on a deal i am currently working on. the original borrower has passed away, and the Son is now selling the property as it has already been through the probate process. To s...
Gabriela Gomez
Borrowing from a known aquintace
I am planning on asking a person I know to borrow money for real estar investing. That person has 80k sitting at the bank and is planning on putting it into a secured annuity that will only generate her about 2%intere...
Tom Server
i need to borrow $50,000
I need to borrow $50,000 from my brother for about 2 weeks. Do I need to report it ? Or can he give me 3 deposits