I have an REO under contract that I can convey to an end buyer for a possibly better deal than flipping myself. I am bound to use the Banks title company per the addendum. What are my options for double closing with...
I need some advice when using cash out refinancing. I intend to purchase a house through a HML. After it is Rehabbed, and Rented I would like to Refinance. I am shopping around at local banks to find out there LTV. Mo...
Hello, I have currently made $50,000 wholesaling real estate in the last two months and want to get into buying rentals. I have no prior job experience and would not qualify for traditional bank loans because i would ...
I recently had an independant mortgage broker send me a fee sheet on a house I was looking at refinacing. The home is valued at $155K and I was going to pull $116k out. I have excellent credit and ZERO debt. My bank s...
Hello,Trying to secure a mortgage for my first (deliberate) investment property and I made some mistakes. Now, I'm worried they won't approve the loan. Contract has financing contingency and contingency needs to be m...
I'm looking at purchasing a pre-foreclosure at auction- The property is currently occupied by the current owners going through the pre-foreclosure process. Any insights as to the best approach towards prior owners ...
Hi everyone,I had a question on what type of information a lender usually requires from a borrower to evaluate his/her credibility. Is there a sort of checklist of docs/information that is necessary before applying to...
I received a call this morning from a lady in another city. She heard from a friend of a friend that I buy real estate. She somehow Got my number and she told me her story.Her and her husband are divorcing and they...
I know a lot of things have to be placed into consideration and every individual will not be the same, however generally, what interest rate should I expect on my first investment property?Don’t currently own a house ...
Hello all,My apologies for the long title of this post. Hopefully I can explain it in a way that makes sense. My partners and I are currently sub-leasing a property that we have on a 4-year lease term. The lease inclu...