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 ...
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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...
If you’re a first-time home buyer, now may be one of the best times to get a loan in recent history, according to mortgage advisor Jeff Welgan. With new no-money-down mortgages coming out specifically to help first-ti...
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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...
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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?
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...
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--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...
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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?
Hello everyone!I'm hoping to get some help as I've been going in circles with my loan servicer (Freedom Mortgage) regarding the steps to remove PMI before two year seasoning. What has happened so far:-I purchased the ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $75,000
Cash invested: $17,000
4401 41st Pl N, Birmingham, AL 35217
My first investment property. I spent a lot of ...