Thomas O'Donnell
Refinancing: What is Actually Required and How Does it Work?
Whenever we hear about investing in real estate, the topic of refinancing at a later date always comes up. Now this can be for a BRRRR, if rates fall and you're trying to obtain a lower rate, or for some other reasons...
Kent R.
Hard Money Loan Forms
In Florida, I know that both a mortgage and note are recorded by the Lender with the Clerk of the Court, but where/how are the points (origination fee) addressed? The notes that I've seen in court records only have t...
Elijah Householder
Room rental income to qualify? (FTHB)
Hi all, hope everyone had a solid weekend! i have a couple quick questions about using rental income to qualify.This is my first (possible) purchase and basically the home price is outside of my range to qualify on my...
Justin D Schwartz
Credit Problems?
Liz Weston: The best ways to build credit nowNEW YORK – Oct. 18, 2016 – Once, building credit meant taking on debt – sometimes expensive debt like a car loan or a credit card with a high rate.Today, it's possible to ...
Laurent Feral
Refinancing a Hard Money loan into a long term mortgage. Problem
Hi y'all!I have a roadblock with refinancing .I want to sell a Fix & Flip house with owner finance, in Dallas Fort Worth , TX. The house is in my LLC, and currently being rehabbed. Funding for the rehab comes 70 ...
Alex Read
First Deal - Do I Need a Mortgage Broker?
I am planning on purchasing my first rental property within the next year. I am currently in contact with a potential broker who let me know what he can do for me. He seems very knowledgeable and was introduced to me ...
Joe Detore
What is the typical Seasoning Period
I am looking to buy a house with a %100 cash payment (no loans or mortgage) in Florida, and will then be looking to mortgage the home utilizing a cash out option with the equity in the home and use that money to purch...
Henry Der
Sub2 deal on large complex as foreign investor/buyer
Looking at purchasing a large apartment complex using sub2.Owners willing to do a sub2 for capital injection to help turn the operations around. Owner will stay on mortgage, but will be off title and off deed as part...
Renee Lee
Tax’s vs Equity - would it hurt to much?
My questions stem from velocity banking...1. I know there is a tax deduction for writing off the interest on an investment property is it dollar for dollar?2. Let’s say, an investment property has a mortgage and ...
Alex Tobias
Seller carrying part of the down
Anyone have experience with the seller carrying, say, 10% or so? I'd put 10% down while they carried another 10% Maybe you know where I can find more info on this? My main issue with this is curiosity of a typical ban...