We are trying to find a way to buy a $550k-$600k house here in S. Florida (assume $417K conventional) with 10% down not the 20% down that is required for a jumbo, to avoid PMI doing an 80/10/10. My 10% isn't enough t...
Hello BP. I am selling a flip turned primary residence and have a buyer requesting owner financing. I am carrying a conventional mortgage on the property so I would need to setup my first wrap around mortgage/contract...
Does anybody know of any good Loan Amortization software solutions out there?I've been using Loan Amortizer Enterprise (loanamortizer.com) on my PC for several years. It's a pretty decent program and it gets the job d...
Hello everyone!I have a quick clarification question regarding hard money loans for fix and flips. If for example, for a 12 months hard money loan, if I fix and flip a home in 6 months, am I only paying for 6 months o...
Okay, so I found a property listed as "Bank Owned". Trulia says it's listed by the bank, but Auction.com is auctioning it. I'm trying to determine what might be left to pay after the auction. It doesn't specify whi...
Seller financing -- when the seller gives the buyer a mortgage -- can help both home buyers and sellers.Seller financing can be a useful tool in a tight credit market. It allows sellers to move a home faster and get ...
If you don't have a mentor, and don't know what you are doing, this is not an easy proposition. I am closing next week on my fifth flip, and after four months of sweat equity, and about 500 hrs of work between my par...
I have bought plenty of properties sub2 with all kinds of bad loans and liens but always with the intent to pay off or negotiate a discount. But now I'm looking do some old school pretty house "get the deed" deals. ...
Does anyone have a simple excel program that I can track spending and reciepts while I am rehabbing? Something that adds everything for you ? I would really appreciate it. Please send to [REMOVED]
I live in orlando Fl and I've been trying to track down information on a house that is owed by BAC Home Loan Servicing. According to the county records it says they are the oweners. The county records had a law firm r...