Matthew Terry
5% IR and 100% LTV, no credit check needed private loan?
www.springfieldloanfinance.comUnprofessional website, domain registered in April 2020, logo says "since 2001", reached out to me on Linkedin advertising 5% IR, up to 100% LTV, no credit check, secured. The CEO was a f...
Nathan Walden
FHA Loans- How Do They Check If Moved In Within 60 Days?
Exactly what title says. Does some guy come over to make you’ve moved in within 60 days of closing or how does that work?
JP Allen
Proof of Funds(POF) without applying for a loan or credit check
Hello: We need a funding company who can supply a real' POF letter for a range and/or an exact amount for a deal with RE agent that will ultimately get funded & assigned to another funder, any suggestions? Is i...
Annette Barnett
How do I find lenders with the best multi-family terms for DSCR loans?
There have to be tens of if not hundreds of thousands of lenders in the USA. I may or may not have taxes available for this. I'm under contract for the sale of a single family home, doing a 1031 exchange into a mult...
Lorin K.
IS the credit check on a FHA/Va rehab loan as strict as a bank?
My credit has remained dormant in the US for 16 years. Went to get a credit check and got a reply "not enough information". Back then, i had some unpaid debts "Post 911 unemployment" and left the country. If I were to...
Jason Lewis made it his life’s goal to hit financial freedom by thirty-five. After watching his family go bankrupt, lose their multi-generational farm, and have to give up their dreams, Jason knew that this was NOT wh...
Lisa Hall
HELP! Flagged in UNDERWRITING & Now Owner of Private Mortgage Will Not Reply! HELP!!
ANY advice would be VERY appreciated! 2 Issues:I am in UNDERWRITING and now they are asking for CLEARED CHECKS from a private mortgage - Years of History of the Owner Cashing Multiple Checks at One Time - AND the Loan...
Corey Dutton
Would You Lend to Greece?
I had a borrower come to me with a request for a hard money loan this week. We are asset based lenders, so we lend primarily on the value of the property, and not on the ability of the borrower to pay us back. However...
Chris Wang
How investers usually check mortgage rate?
Hi BP,
I'm a new joiner recently from <the book on rental property investing>, I'm glad I can find a great forum to discuss property investment.I do have a question about how investors usually check today's/thi...
Bradley Allen
Opening a checking account with a new lender??
Ok, so I'm closing on a townhouse this coming week and the lender I've used (small local bank in that town) has asked me if I want to open a checking account with them. This is the second time in the past month that ...