Jeffrey Arreguin
Advice on how to get the right legal forms
If I’m going through a private lender and want to make sure I have the right legal forms to keep both parties safe, where would a beginner go to find those type of documents? Specifically forms where it explains their...
Heather Pelletier
Mortgages 50K and less...
Is it difficult to get traditional lending for a mortgage less than 50K?
Heather
Simon Hernandez
Cash-out recommendations for SFR in Florida
Hello all,I've got a SFR in Florida that I own outright. I took possession via quitclaim deed from a JV partner in March. Market value is around $115k and I'm looking to cash out $80-90k. With mortgage rates what they...
Peter Morgan
Refinance now? Or wait until rates go further down?
Hello,My current rate is at 3.5(30yr conv) and I am wondering if I should refinance now or wait for the rates to further go down? Looks like the best I can get now is 2.5 on a 30yr conv.Also this will be my first time...
Tresa Gibbs
Refinance / mortgage with cash out? Or home equity???
Have a home worth 85,000.@ 8.5 %.paid down to 25,000. Want to buy double wide 0n 3 lots with privacy fence.one lot with seperate septic. Asking price 10,000. My son is trying yo finance.both have fico at 535. They...
Brian LaBrec
REO 2 family with tenants
I am in the process of closing on this 2 family bank owned with holdover owner and one other tenant. middle of the winter and although they have not paid for a long time I like occupancy to keep the place heated befo...
Ben A Snyder
Being successful in a down economy
With the market being so hot and lucrative in so many areas, I'm very inclined to save and not buy in an overpriced market. So many people are trying to predict when the bubble will burst, but I'm more interested in ...
Konrad R.
How to handle a sublease?
A tenant of mine was to sublease her apartment. She says she has a family member that is interested in the property. I informed the tenant that her family member would need to go through the same application process a...
Chris London
property inspection waiver
My mortgage lender sent us the below e-mail about waiving the inspection. I have NO concerns about the price we are paying for the house. (mature neighborhood with lots of comps and I did my homework). I obviously wou...
Gregory Breeden
Subject too Loan Service
Question.
I have a deal in which I plan on subject to in which I can plan on doing as a owner fiance. I have a tittle company who knows how to do these transactions however I was advised to find a loan servicing comp...