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SECURING HARD MONEY LOANS
Hello guys I am new to wholesaling properties. so I was talking to a fellow real estate investor. he wholesales properties in my area and I asked him about his hard money loan source. he said that he doesn't have any ...
Sanjoy V.
Mortgage loan Multifamily
Looking for some advice on loan payments.
I had questions about balloon payments for the mortgage. Let’s say I bought a property and hold it for five years, has a mortgage for 30 years but I decide to sell the proper...
Charles Kamen
Can I provide proof of funds for another person and charge a fee?
This is purely hypothetical but I had an idea that I could explore if it's even legal. My idea is to work with RE investors/buyers, and use my available funds to provide a proof-of-funds letter for their deals, and c...
Jennifer Pauyo
Has anyone used FHA and 203k to purchase investment property ?
I’m just learning and taking information. Has anyone bought a duplex and used the FHA 203K to fund the investment also lived in the investment?
Ann Lor
Should I pay off some mortgage loans?
I have a few rental properties with loans. I plan to keep them for a long while due to the location. I have some extra cash that I can pay down the loan. The loans are all at the same interest rate, how do you know wh...
Bruce Bennett
Submitted Loan App. to Dominion Financial. So Far So Good.
--Day 1: called and tt l/o regarding refi of Quad. Liked what I heard, decided to move forward. (They have 30 yr terms, Rates in the 4's....hip hip hooray :) Received Loan Questionnaire.--Day2: submitted loan ques...
Brandon Sturgill
What LTV Are You Getting On Cash-Out Re-fi's...? What About Seasoning Period?
Current lender is offering 70%....another local lender willing to go 75%...standard seasoning is 6 months...has anyone seen higher LTV's or shorter seasoning?
Shelly Lagos
Renting a house, that we were working on as a shortsale, then the house was foreclosed on and we still want to purchase the house
We have been working on the purchase of a shortsale home.. We sold our home to move into this home. While going through the shortsale process, we were going to live in our RV until the shortsale was finalized and th...
Brandon Curson
Conventional Mortgage as 1099 w/ 1.5 Years Work Exp.
Hi All,Waking up one morning to an alarm saying "You Finally Made It!!!", I was ecstatic to finally take that trip to the bank to file for my first loan application. Listening to my favourite music and grabbing a Chi...
Rob Robertson
Can I still qualify for a mortgage??
I have a qustion regarding qualifing for a mortgage. I finally got my FICO scores high enough to qualify for a mortgage (fico is 645ish across the boards) but here is my dilemma... In August I left an employer of thre...