Hey, I purchased and rehabbed a house last year with a HM loan. Back in November I applied with a new lender for a 30 year fix mortgage. We are cashing out to buy a different property. The lender took until Januar...
Looking for some advice. We have been wanting to buy a second home to move into and rent out our current property which would cash flow $600 a month. A few months ago we took out a second mortgage of $25,000 since we ...
I need proof of funds for one of these properties I have. How do most of you guys deal with a seller asking for proof of funds? I hear most use a hard money lender. Any recommendations?
How to Spot the Difference
Upfront Fees. Large upfront fees in the amount of $5,000 that will be “credited back to you at closing” are a red flag. There’s no need for a fee that high and typically those deals never c...
Has anyone heard of this private money lender or used them.
thanks.
I have a short testimony for this company but I'm truly amazed about the negative review I'm reading online about DCF. This company has funded 5 commercial projects for my organization, one if which was an internation...
I got a suggestion for a company called TruFinCo. There's nothing here on BP and no one who I actually know has used them. How does one go about making sure that a company is legit and not just a shell or scam?
I purchased my residential property last year in Ohio and I was fortunate enough to secure a conventional loan at 2.99% for 30 years. I am now considering rezoning my property for commercial use (office) since the tow...
Hello everyone,I am a mortgage broker. I have been talking to a lender Metro Flippers Investments. They seem to be offering 100% funding and 100% rehab. The interest rate is between 7.95% and 9.95% depending on credit...
Hello, I signed a purchase agreement for a new construction home as an investment property. I'm hiring a real estate attorney to review the agreement. I'm also considering having them review the lender agreement forms...