I tried asking yesterday about this and I think I was too confusing in how I asked.So if my seller is behind on there mortgage payments and I'm covering all closing costs for them, I'm assuming that when I pay the loa...

Hi everyone,
I have a question about how much in excess of the interest is paid in each payment of a fixed rate loan. Suppose you have a 100k loan at 6%. An example from investopedia shows a schedule of
Payment
0...

What income is counted for a mortgage? And how much could I get? Say, if our income is $300 a month?Or $2,000?Thank you!

I'm currently in the due diligence of a note, perceived as non performing but as I started to inspect the file I have noticed the current loan services company has reached a 3 payments trial payment plan agreement wit...

I’m in the process of purchasing my first rental in Mountain Home, Idaho. There’s a major housing shortage on the military base. So I’m purchasing a single family home that’s 1,300 square feet. 2 bed and 1 1/2 baths. ...

I got bored at work today and started taking a look at my options on my FHA loan.

Short background

I have an FHA loan on a duplex that I own. I paid $165k for it in 2011. My FHA MIP is just a hair unde...

Hello All, Any strategies on how to approach making additional payments towards rental property mortgage? Monthly extra payments?Lump sum payments once a year?Start a high yield savings account, CD, money market and u...

I am an experienced investor and have purchased homes in Virginia and Michigan several years back. At the time, I used conventional bank loans to buy the property.

Today, there are many great deals out there. Pro...

I'm confused by the last sentence of this example in my real estate course.  "A builder would rather make an additional cash payment to the lender than reduce the price on a home in a new development."Why would the bu...

So, I have multiple Sub2 Properties, but I have noticed that later down the road the Seller (Mortgage Holder) wants to obtain a new loan to purchase another property and needs a letter or document showing that we are ...