Cheers to breaking the ice on my first newbie question!I planned on getting approved for a loan this week until I was recently informed by a manager I could receive additional hours within ~ 1 month.These hours would ...
Hi, Guys. I have a question for any attorneys & mortgage gurus out there, that might be able to help :) Recently... I obtained financing for a project and noticed an interesting clause at closing. Basically, it sa...
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I am applying for commercial credit. I have 2 scenarios that I don't know how to handle on the application.1) I am applying for the loan and not including my spouse on the application. She pays a certain amount of...
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Hey guys,I have been having a philosophical debate with my partner and wanted your opinions. Our first property has worked out really well as we have cash flowed since day one, have a great renter and were able to buy...
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Hi all - Out of 25 properties that have mortgages there is only one that is on my personal credit report in addition to my own home. I want to clean this up so when me and my wife are ready to upgrade our own home we ...
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I purchased a 2 family with an additional livable attic floor. I live on the first floor renting top 2 floors as short term rentals.My Mortgage is at 3.35% and I rehabbed the house at 60k or so. Now I want to refina...
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Response to Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers Response prepared by Rishel Consulting Group – a consultancy for chattel lendersRishel Consulting Group is a nationwide consultancy ...
Hello BP community, I have a coworker who is going through a FC. The problem is that he owes more on the home than what the home is actually worth. The bank wants him to put up 80k to stop the FC. The home is worth ab...
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Does anyone here have a sample of a letter they send to vacant properties, FSBO properties etc?
I am having a hard time finding examples on the net to structure my own document.
Thank you for your help.
Gerald
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I currently own a multifamily that I purchased using an FHA loan. How can I obtain another property without having to save for a year or so to meet 6 month reserve requirements and down payment? I unfortunately cannot...