does someone have a link to 360 commercial loan calculators?We are at the end of our loan in 8 months. I want to double check the banks figuresI am looking at Actual/360 vs 30/360I would also ask the lending experts h...
Just went under contract on a bank foreclosure. The building has been vacant for a year and utilities are off. The bank is unwilling to turn anything on for my inspector to test. That said, I’m planning on having a pl...
I have $130 k in equity in my primary residence and $50 k in equity in my first an only investment property. Do I need to get a hard money lender to purchase another investment property or is there a creative form of ...
Just curious why banks can take so long to make a decision on a short sale? What are they waiting for? We have a property under contract that is a short sale. We made the offer on 11/10 and the seller accepted it. It'...
Hi,I need advice. I have lived at this property since 1990. My mom outright owned it. In 2003 she sold it to my now "X' boyfriend, the father of my son. The mortgage and deed were in his name only. She sold it to hi...
Hey everyone, do any of you know if FHA changed guidelines for loans on manufactured homes? I heard it is now required to have skirting backed by plywood or cinderblock. I can't seem to get this verified anywhere. ...
I am reading the book on flipping houses and it mentions how difficult it can be to receive money for rehab on the house you are trying to get a loan for. If i were to go with traditional financing, how can i come up ...
So I before I started shopping for my first property, I called the mortgage broker that I used the last time I purchased a house. I decided that the rates and closing costs he quoted seemed reasonable for a 30 year te...
New investor here with my first deal under my belt!
Now it's time for number two. Had the opportunity to do a seller financing deal that fell through. Ultimately, I'm glad it did because I didn't know as much about s...
Hi,
I just got approved of a bank loan from a small bank. (Thanks for folks who advised small bank for small loan). Now tomorrow my realtor and I are going to go through the offer contract. After signature the realtor...