Voltaire G.
Need Help Explaining Terms of Seller Financing
Hi all, I need some assistance explaining what these seller financing terms mean and their breakdowns? Thanks in advance.Buyer 1 is offering:$130K Purchase Price10% down payment10 year term, 30 year amortization, and...
Edward Kuk
Recession Financing - when decline in value eliminates equity
Hi everyone,I'm trying to understand any risks to a mortgage during a recession and happened historically. This will help me understand how much debt I want to take on as I continue to look for opportunities. Two main...
Andrew F.
Investment friendly banking contacts
Hello,
Does anyone have any specific contacts at local or regional banks in the Pittsburgh area that are good to work with for investment properties? I’ve called on a few banks, but haven’t found many folks that are...
Tom T.
Lis Pendens Filed. Bank listed as defendant.
I'm pulling recent lis pendens filings and I'm noticing a number of them have a bank and home owner listed as the defendants. Can some explain to me why a bank would be listed as a defendant?ThanksTom
Daniel Sabato
How to Refinance a Property to Pull Equity Out
I always hear people talk about refinancing a property, not for a lower rate, but to cash out their equity? Can someone explain how this works or give me an example? I don't understand how it works. I do understand re...
Yuri Shamsin
Life Insurance options
Hi all,a little off-topic but I think it is an important matter.So, the bank asks you to have Life Insurance to protect itself. It can be either your own or you can pay extra for your monthly mortgage payments.I happe...
Donasiyano Nimagaritye
How are properties refinanced?
I am confused on refinancing poperties to turn profit; can anyone explain to me what refinacing is in simple terms.
Sachin Maskey
Bank accounts for LLC
I have looking for recommendations for my newly formed LLC . I need to open the bank accounts and looking for Recomendation for what kind and which bank is the best for the LLC for real estate property I was thinking ...
Rachel Ash
LOCAL BANK FOR SOLO 401 k
I am in the midst of trying to find a local bank that knows how to properly set up a checking account for my solo 401 K. Has anyone had any luck with this? If yes, do you mind sharing the contact name and number of th...
Riley Hinshaw
pre foreclosures
is it any different or more difficult to wholesale a fresh pre foreclosure, one that doesnt yet have an auction date. if so can someone please explain why? any help is greatly appreciated !