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Results (3675)
Account Closed [Calc Review] Help me analyze deal - Rent Primary w Original Loan
4 August 2018 | 0 replies

Can anyone tell me if Im doing anything wrong here? Trying to analyze keeping my primary residence as rental this calculation was done as a scenario to keeping my current loan the way it is.Purchased - $110,000Down Pa...

Lesley Resnick Idea for a new mortgage type....would this even work?
1 May 2017 | 2 replies

My BP friends I hope you can help me with this idea.  I have not seen any lenders doing this and I am wondering why?I would like a loan that adjust the principal every month and loaned me the difference between my cur...

Jasmine Claye Loan with fast equity?!?!
14 November 2014 | 6 replies

what is the best type of loan to use for a buy & hold property. I plan to use the home for a couple of yrs as a primary residence but would like to have a good amount of equity at the end of the couple yrs without...

Devonte Thomas HOW TO EXIT A SELLER FINANCING DEAL
23 November 2020 | 8 replies

I am currently confused on how I would exit a seller financing deal that has a 5 year balloon in the P&S agreement. For example let's say the terms state that the purchase price is $380,000, DP is $19,000, Amortiz...

Richard Murphy Bank of New York and Short Sale
4 March 2010 | 3 replies

Have a client who says Litton Loans is their bank. Research indicates Bank of NY mellon owns the mortgage. Anyone dealt with BNY Mellon AND anyone have REO contact information. Litton is ridiculous. They will not appr...

Ethan Bennett Math and interest rates
15 July 2012 | 1 reply

I was reviewing my payment statement from the mortgage company and have always been confused at the interest rate etc.

Right now it shows: Payment-$1350.55, interest-$937.17, Escrow-$78.55
We have a interest rate of...

Dan Rudolph POL Loan in Default - Atlanta Luxury Property Rehab
20 August 2018 | 34 replies

I am trying something new by starting a thread on a single Patch of Land loan for discussion and information sharing between investors.  This thread is to be focused on "Atlanta Luxury Property Rehab" in Atlanta, Geor...

J R Spikeston How do I look in the eyes of a lender? SFOO Buyer and Holder
25 September 2017 | 9 replies

I never planned on being a landlord, but looking back over the last decade I've settled into the pattern I explain below. My main question is, "How will I look in the eyes of a lender when it comes time to buy my four...

Sam Gergley Buying via seller financing hurt income to debt ratio?
8 June 2020 | 3 replies

Hello!If I purchase a home via seller financing will that effect my income to debt ratio when a bank goes to qualify me for another mortgage? My thought is that it might be advantageous to go the seller financing r...

Llewelyn A. Collecting on a Personal Promissory Note - Weston, Florida
25 December 2017 | 7 replies

I wrote out a Promissory Note for a Personal Loan to a relative for $50k.The Relative works in Weston, Florida and earns 6 figures.The 1st Payment is due on Jan. 1st, 2018 but I despite trying to contact my cousin, he...