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http://www.housingwire.com/fastnews/2013/06/10/cfpb-clarifies-servicing-mortgage-originator-rules
You may want to follow these guidelines!
Bill Gulley might want to comment.
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My company is currently making a big push into the Short Term Rental business in the Cleveland market. Thus far, our business has primarily been long term buy & holds in the lower income space. We're going to be h...
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Hey BP! Going through a refi / delayed financing on a property I recently rehabbed and I am just comparing numbers as they seem a little elevated even in the current times. SFH investment property.30 year fixed / 75% ...
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I have a question for seasoned title/escrow company reps or investors, who execute transactions using private financing. I am trying to modify an existing Note and Deed from the originating private lender. Originally,...
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You get a hard money investor willing to loan you $125k at 10% for a 1 year term & origination fee of 1%. Doesn't that mean that within the first month you need to pony up 1.25k for the origination fee & about...
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So I'm about to go shopping for a second portfolio lender. My current portfolio lender is a regional bank and has been great. They have done five portfolio loans for me at 5%, amortized over 20 years with a 5-year bal...
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Is there any hybrid models for short term rentals? I have serval single-family houses that would be a great location for short term rentals. The challenges if I paid 25% to a property manager paid all the utilities, t...
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Hey guys, I have something to vent out and read some opinions. We own a duplex through a VA loan for two years and we started to process to refinance and get another Va loan for another investment property as a primar...
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Hey everybody, I've been having issues with my property management company and have been wanting to get out from them. I normally wouldn't be able to (based on the terms of the contract) in a clean way. However, a gol...
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I've gotten mixed information from conventional lenders in terms of being able to refinance a cash or hard money property. My intent is to use the hard money loan for the acquisition of distressed, non conventional qu...