H. Jack Miller
Mortgage Debt repayment Amortizing Loans
Does anyone else feel this way? One of the things I love about being a CRE investors is when the 1st of the month comes and my tenants pay down debt for me. I love to see the debt lowered every month with principle pa...
Marlon Zuniga
Number of Mortgage Loans Permitted
I have 7 mortgage loans in my name of which my wife is on 2. I've been told that someone could have up to 10 mortgages as long as:
1) The DTI at time of application is below the lender's threshold.
2) I keep 6 mon...
Aaron T.
looking for mortgage servicer for construction loan to mortgage
I would like to approach my construction investor about turning short term construction capital into a 15 yr mortgage. I am looking for name of mortgage services to help with this process. any advise or suggestions wo...
Steven Segal
Mortgage Tax on Blank Loan/Mortgage in Various States
Question on how this plays out:If I take, for example, a 2 MM loan across 5 properties in 5 states. Would I have to pay mortgage tax in all 5 states on the 2 MM, or would the lender probably required something like 12...
Phil Shelton
becoming mortgage broker to fund own residential mortgage loans
is it legal to become a mortgage broker to fund my own investment residential deals? I do not want to pay broker fees. Looking to save money especially with Hard money lenders.
Account Closed
Broker requesting 401k statement for a mortgage loan.
I applied for a mortgage loan through a local broker that was referred by my realtor and was instantly Pre-approved because I have pretty good credit. I now have to provide the routine documents (W-2s, pay stubs, ta...
Andre Delacroix
Can a mortgage loan be assumed by an LLC?
Hello, this is my first post!
I am looking for creative financing on the following deal:
$110K single family home with HCV/Section 8 tenants ($1350 rent, $1000 govt $350 tenant) in good condition:
A personal mortga...
Kyle Foutch
Personal Debt to income ratio affecting mortgage loan with llc?
If my debt to income ratio is currently too high to be approved for a conventional mortgage loan, can I start an LLC and get approved for a mortgage loan through the llc? All provided I’m putting down 20-40% down of c...
Francisco De La Fuente
Unique situation to qualify for a mortgage loan need help
Hi to everyone,My name is Francisco and I am currently in escrow for a home. MY income and MY debt to ratio is awesome to qualify for the mortgage loan. However, my father owns three properties with current mortgages....
Richard J. Lefevre
Second mortgage for real estate investment
Hi,I am interested in real estate investing. I have been doing internet research on this topic for quite a while now. I have some savings which will be enough to pay 30% cost of a property. So I need to take a mortgag...