I have a 401k with a previous employer that will allow me to take a loan against. The company is a large multinational that is unlikely to change plans suddenly or be bought out.
I would be looking for conventional ...
I understand the FHA 203k allows one to buy a Primary residence with a low downpayment and wraps the rehab costs into the loan. My question is what are the rules regarding the timeline to begin living in the home afte...
i currently own several 3 family rental properties in newark new jersey my average value is $355,000 i have some worth more and some worth less but im looking to sell these with $30,000 down and carry a wrap around of...
I'm just going to break this down into cliff notes so it doesn't become a book, I tend to ramble.Okay:Paid cash for a flip 58kBorrowed 26k to do rehabRehab is done, but I did roof myself and got caught and have stop w...
Hi all!It appears to be a shortage of Lenders (GA) that I'm finding that have the Fannie Mae Homestyle product. I was looking at homes on Fannie Mae Homepath and I'm interested in buying a fixer upper. In comparison t...
Wondering if anyone has executed a loan or extension backed by a pre-signed deed in lieu? We have a borrower that has requested an extension on his mortgage before his balloon is due. He's current but unable to make t...
Okay folks here's the challenge. I have located a mixed use property in Baltimore, Maryland. There's a tavern on on the first floor in a good neighborhood and the second floor has a 3bdrm apt which could probably be c...
Hi all, Here's a highly simplified hypothetical situation. Let's say I buy a 1st NPN for 20k with an UPB of 100k and it's the only lien on the house. What's stopping me from forgiving the debt and paying the owner say...
I have a Contract for Deed that I am looking to sell to a notebuyer. However the owner I am helping would like to be cleared and out from under the property completely. I have not sold any notes before and still get...
Hi BP!This is my first post ever...so it gets a bit vulnerable at the end.I'll keep this as short as possible, but I hope this is helpful to many. Through communities like this, I think everyone eventually finds them...