My lender is warning its clients that it will no longer accept payments from a business bank account, which is how I’ve been paying the loan since its inception many years ago. They insist I must pay using a personal ...
My mother bought a 2 family house for 514K back in 2006. The mortgage was very complex and handled by the now defunct WMC(of GE), infamous for using scissors and xerox machines to fake documents, and anything else im...
I have an investment property that has a crap-ton of equity from appreciation, about $250k in equity. My credit union will give me up to $100k in either an investment HELOC or investment equity loan, which I'm plannin...
ive went to a bank. And a buddy who is a morgage lender and it seems nowere i go can i find 20 percent they all say because its an investment it has to be 25 percent this is my first property i am financing it through...
I currently own one SFH that I rent. I lived in it before I rented it so financing was simple. I am now interested in buying a property solely for renting (already has a tenant); my problem is that I don't have a lot ...
If a Borrowers Promissory Note is used to fund their loan, then who would the creditor be?
On this forum ive noticed a good chunk of people have w2 income who are investing for the first time or becoming seasoned investors almost ready to give up their w2 job.It seems like it is easier to get started in the...
Hello BP,I am currently submitting documentation for a cash-out refi on one of my properties per the "BRRRR" method and had a question:Should I put down a property I acquired subject-to as an asset? The title is in m...
http://6abc.com/news/woman-accused-of-scamming-landlords-out-of-thousands/1510555/You have to be very careful when you are renting your units; one of the landlords in that article was even using a property management ...