May P.
Financing for modular vs mobile home
Hello,
I have been in contact with a loan originator regarding a property that I am interested in that has a manufactured home on it. I have not applied for a loan yet.
The loan originator said that they do not ...
Zach Jones
Assumable veteran affair loan
Good afternoon all, I’ve invested in real estate for about seven years now but I’ve never assumed a loan before. I’ve always used a realtor etc. I was hoping to get educated on the process of assuming a va loan. We kn...
Frank Jones
No comps dilemma. Can you get a mortgage with only 1 comp?
My son is trying to buy his first duplex using a 3.6% down FHA 30 year mortgage. He's going to live in half while he does some remodeling. His offer has been accepted and he has been pre approved for the mortgage. His...
Loubert Jean Philippe
Closing Cost enroll............
Hi everybody, it is a good idea to enroll my closing cost into my loan??
Any Sugestion
Shaun R.
New FHA Regulations?
I'm a real estate agent and I do a lot of work with this one lender. Let me try and make this story as short as possible and then I'll ask my question. I have a client that owns a house, but after the big flood we h...
Jared Smith
Arizona Economic & Real Estate Analysis
Couple quick points and then some feedback from the AZ Economic and Real Estate Analysis.
This is a look into the “fear based mentality” that some of my peers are operating from:
A startling survey result stated “th...
Ralph E.
How to get mortgage broker license in MT if you need 3 yrs exp.
Hi all. I was looking in Montana State licensing requirements for becoming a Mortgage Loan Originator, or a Mortgage Broker. I am confused on how it is possible to get licensed, when it says you must have 3 years of e...
Prasanna K.
Advantages of a full cash offer for investment property (in TX)
Given the current situation, to make offers attractive some folks are considering full cash offers. Any idea what would be the rough closing cost advantage between full cash versus 25% down on a $300K property. I am a...
Steven Turner
Private Lenders
I have a property under contract that happens to be my first. I started out wholesaling because lack of capitol. As many before me. So my experience is somewhat limited and thanks to biggerpockets and other knowledgab...
Raimel Diaz
Proper way to ask a bank for "cashout" refi
Good day everyone. Im in the process of finding a bank that would allow me to do a cashout refi. Now is there is correct terminology for Cashout refinancing when speaking with a bank? When I was speaking with the loa...