I am a licensed contractor looking for a 203k loan on a property in Englewood NJ. I have a colleague who is also a licensed contractor willing to do a lot the work. 2 questions
Any suggestion on structuring the deal...
Thanks for any assistance you can provide.My head is swimming for the next steps in purchasing an investment property.I have sufficient funds in our low cost of living area (Northern Michigan) to finance from retireme...
Good day all,
This is my first post, and first off I must say this is a fantastic forum, I've really enjoyed all of the quality information that’s available.
I have a question that I'm sure has been answered before,...
Hello everyone,
I find myself in a challenging financial situation and would greatly appreciate any guidance you can offer.
I have a pending income tax payment of approximately $200K for the year 2023, due by Septem...
Hello,
I wasn't sure where to post this so I figured I would post it here.
This is the situation:
Looked at about 20 REO properties, this weekend with a...
I was a mortgage loan officer and an escrow officer 20-odd years ago, before the landscape shifted. I know the drill about proper documentation, etc. But the process I"m in now seems just ridiculous.Hubby and I are ...
Hello all I am new here. I am currently in contract for a triplex located in NY. I am in a bind right now trying to get a loan for the property. The purchase price is $765,000 and I currently have 6% down in escrow. I...
Hello BP members,
I am new to Note investment, and would like to start investing in note fund. Unfortunately, I found note fund companies allow only accredited investors to invest in them. Could you recommend good n...
Hi,
I'm getting conflicting advice from two CPAs and was wondering if anyone cares to chime in. Here is the situation. My primary residence is paid off and I want to tap into the equity in order to acquire rental re...
Hi all,
For everyone who knows me, My second offer fell through!
My first offer is back on board. They are using a new bank, (Anyone but Chase,) with a VA loan.
Does anyone know the in's and out's involved with th...